As expected nifty took support on green line and posted higher low and higher high. Green candle formed has covered last 3 red candles. If we do minor counting of wave 3 of 5, then wave 1 of 3 of 5 has ended at 12286. Wave 2 of 3 of 5 ended at 12151 and now wave 3 of 3 of 5 is going on. Now let us see to what level this wave 3 of 3 of 5 goes? In our #share #analysis #software nifty has given 5 DMA (Short term) buy signal with stop loss of 12151 and now it is in best buy.
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Nitin shripad Joshi
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https://vedantmarg.com