Nifty 50 Prediction March 11 Tuesday | Nifty 50 Falcon Waves

Updated: Check the last chart below

The Nifty 50 demonstrated resilience, surpassing our expectations, which led me to adjust the count, although the overall direction remained unchanged. The black mini wave anticipated was formed earlier, and we were already in a higher degree wave count. Below is the 1H time frame chart displaying the ABC pattern formation for Sub Micro wave (in green), which will complete wave 4 Purple (Micro Wave).

This could lead to the development of wave 5 below, targeting the 20,000 levels to finish wave 3 of a higher degree.

Today on 10th March, we finished Wave A, and now are in Wave B (green) followed by Wave C which will take is to 23000 levels eventually.

Wave B can be quite challenging, leading many to steer clear of trading it. It typically follows an ABC pattern, resembling a regular zigzag, and can also develop into a complex correction. However, as it is an internal wave, I believe it should be straightforward. The entire Wave B (Green) is expected to take 3-4 days to complete, so we will be dealing with it throughout this week.

Within Wave B, there are ABC waves indicated in black, also referred to as Mini Waves. We are currently in Wave A, which might conclude with a gap down tomorrow. If we open flat, we can trade this before attempting Wave B mini, or we might skip it and aim for Wave C, depending on the price action and chart pattern. Remember to utilize Kiss Bot.

Here is 5 Min Chart of Nifty 50 for deeper analysis:-

Nifty 50 chart analysis for 11th march 2025

Updated Chart (Price for ABC will not reach 23K)

Nifty 50 plans to bounce off and surprise post 22250 levels