Nifty 50 "Correction Analysis" 17000? ✅
Nifty 50 "Correction Analysis"
Correction Period and Points
Correction Points : -2460 Points
Correction Points : -1970 Points
Correction Points : -1340 Points
✅Current Correction Pattern✅
Correction Points : -??????? Points
Let's look at how much of a drop is expected from the current price.
Difference between 1st Correction and 2nd Correction = 500 Points
Difference between 2nd Correction and 3rd Correction = 600 Points
Number Series 500,600,....?
Assume 700 is the next number series.
📊How to find Current Correction Pattern? 📊
💡 Solution
⚡Previous Correction Point - (Current Correction Point) = Expected Correction Points
📈 Available Data
Previous Correction Point - 1340
Expected Correction Points -700
Current Correction Point - ?
1340 - (X) = 700
X = 1340-700 ==> 640 Points Approx 🥂
🔁Based on the above assumption we can expect price of Nifty may fall to 17000 level🔁
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Correction Period and Points
- 24th Jan - Negative Cross Over
Correction Points : -2460 Points
- 18th Apr - Negative Cross Over
Correction Points : -1970 Points
- 13th Jun - Negative Cross Over
Correction Points : -1340 Points
✅Current Correction Pattern✅
- 26th Aug - Negative Cross Over
Correction Points : -??????? Points
Let's look at how much of a drop is expected from the current price.
Difference between 1st Correction and 2nd Correction = 500 Points
Difference between 2nd Correction and 3rd Correction = 600 Points
Number Series 500,600,....?
Assume 700 is the next number series.
📊How to find Current Correction Pattern? 📊
💡 Solution
⚡Previous Correction Point - (Current Correction Point) = Expected Correction Points
📈 Available Data
Previous Correction Point - 1340
Expected Correction Points -700
Current Correction Point - ?
1340 - (X) = 700
X = 1340-700 ==> 640 Points Approx 🥂
🔁Based on the above assumption we can expect price of Nifty may fall to 17000 level🔁
✅Like and follow to never miss a new idea!✅
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