top of page

Analysis of Nifty for 19/03/2024

Today's Nifty movement was not so strong as far as the W pattern is concerned. So W pattern is not yet completed. Now either the W pattern is weak and may be completed tomorrow or the W pattern can fail. Also, the 5 DMA average is about to cross 34 DMA downwards, which is a sign of a sale as per Dow Theory. If tomorrow Nifty closes in green, then the W pattern will be complete and the next probable target is 22335. Otherwise Nifty may go down to continue downward correction wave 4 of 3 of 1 of 5.

For daily buy/sell signals with stop-loss and target, buy our Share, FNO, Commodity, and Currency Analysis Software (EOD), and for intraday buy/sell signals with stop-loss buy our Share Intraday Software and Intraday Call-Put Software. Contact us for an online demo and details. Also, visit our website for a demo video and detailed information.

Nitin Shripad Joshi

Vedant Margdarshak



Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square