Nifty Not holding 11500, will it fall to 11200?

[kln1407]

 

[OneThatGotAway]

in next month it can ...

 

[traderniftybull]

no, not now
IMO, one upmove is still pending
may be after that

 

[TraderRavi]

correction is due before next upmove. who knows upto which level nifty going to correct.

 

[OneThatGotAway]

i can tell ya breaking 11000 be very very hard to break even in next month
and 10800 again is next to impossible :xD

but if modi win = 12000 ? then 1 correction is comming :xD

 

[kln1407]

What do you think now, is 11200 on the cards or will Nifty hold 11300?

Nifty Max pain is at 11300 after today's closing.
So, tomorrow's opening holds the key.
What are your views based on charts and Technical analysis?

 

[traderniftybull]

it will hold 11300

 

[padiyaraa]

Yah, Let us Hope So. The correction will end somewhere between 11250 - 11300.
A 38.2% retracement of the current up swing is marked around 11258.

 

[kln1407]

Yah, Let us Hope So. The correction will end somewhere between 11250 - 11300.
A 38.2% retracement of the current up swing is marked around 11258.
View attachment 34109

What is the time frame of your Nifty chart?

 

[kln1407]

Yah, Let us Hope So. The correction will end somewhere between 11250 - 11300.
A 38.2% retracement of the current up swing is marked around 11258.
View attachment 34109

Sir, one more thing, I want to ask, how to draw these waves in investing.com? Is it build it or we need to plot manually?