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  • Writer's pictureEkat

Nifty50 Stock Price Analysis for 9th November 2023

Updated: Nov 9, 2023


Nifty50 moving higher but pull back pending for an internal wave 2. I would like a gap down tomorrow or something that could take a quick wave 2 and then move higher immediately.

Nifty50 moving higher but pull back pending

It was a good day so far, we were anticipating these moves. Wave 1 looks done, it did trick but position sizing and overall concept remained same. Once we have this pull back the price should move higher towards 19500 levels. Update 1: Nifty 50 completed 5 waves to make wave 3 of higher cycle. Now pushing lower to make 4th Wave of higher cycle (should take 10 days or so).

Nifty 50 pushing lower

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