Strike Analytics

Nifty PSE Index

4 Mar 202102:59 PM

The Nifty PSE sector index continues to outperform the market due to value buying. This trend may continue looking at the wave structure and volume pattern. Wave 3 of the rally has only completed minor wave iii so far and 3=1 is at 3896. Also I don't know if they will be more extensions beyond that. Of 1.618 extension of wave 1 would take us towards 4617

The Nifty PSE sector index continues to outperform the market due to value buying. This trend may continue looking at the wave structure and volume pattern

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