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  • Writer's pictureEkat

Nifty50 Stock Price Analysis for 27th December 2023

NIfty50 moving up - a possible wave 4 done.

Nifty50


The way things are moving it could mean, wave 4 is done. Confirmation will be if price goes above high of previous swing. How to trade situations like this:-

  1. Never trade against Heikinashi Candles

  2. If you are trading 1H, and want to take a short position, wait for red Heikinashi Candle to form

  3. You can use indicators like Super Trend to help you focus on trend

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