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Nifty Intraday Update

21 Sep 2020 ‚óŹ 09:26 AM

Right now I will keep both these scenarios open. In one day we are back at the 40dema at 11282 where wave 4 was considered complete. It has to break this level for wave C down to go to 11000 and break on a closing basis. The odds maybe higher that we are in wave 4 triangle. Unless the world goes into Lockdown 2.0 for sure we maybe in wave C of a triangle and waves D and E are still to form before we can complete it and wave 5 up starts.

 

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