Nifty Prediction for 30/12/2019


This chart is Nifty 15 minutes candlestick chart. In this I have plotted minor waves of wave 3 of 5. As per my counting wave 1 of 3 of 5 ended at 12231 with gap of 111 points. wave 2 of 3 of 5 ended at 12199 with a gap of 32. now wave 3 of 3 of 5 has started which is never short. So its amplitude will be more that 111. Thus target of end of 3 of 3 of 5 will be 12310 or more. Nifty has closed at 12245.80. So still there is gap of 65 points from our target. In our #share #analysis #software Key Reversal and Intraday trend is UP. 5 DMA (short term) is yet to give buy signal. 34 DMA (long term)is UP. So let us watch for our target.

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Nitin Shripad Joshi

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