Hello Traders,
NIFTY50 made a low @ 21821 on May13th and is rising since.
For those traders, who failed to enter the market the very next day, a bottom could be achieved.
A stopp level for the bulls can be set @ or around the 22055 area!
As per my count, a wave (c) was done at the low and N50 is ready to advance to a new ATH in the coming sessions.
Because of holidays in Germany, that`s it for today!
Have a great week
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.
NIFTY50 made a low @ 21821 on May13th and is rising since.
For those traders, who failed to enter the market the very next day, a bottom could be achieved.
A stopp level for the bulls can be set @ or around the 22055 area!
As per my count, a wave (c) was done at the low and N50 is ready to advance to a new ATH in the coming sessions.
Because of holidays in Germany, that`s it for today!
Have a great week
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.