Nifty Price Prediction for 03 Oct 2024

 The Nifty chart has corrected to be consistent with predictions, and if the prior wave counts are valid, a downward impulse might happen now. On the other hand, pace-wise, it’s likely to be slower than the last impulse.

NIFTY 50 / 5MIN

A possible destination for the Nifty 50 at 25,280 would be a 100% price decline from the previous slope. The market finds strong support around 25,400, indicating a 78% retracement just before reaching that level.

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Disclaimer

This post is just for informative purposes and does not constitute financial advice. Trading and investing involve risk, and past performance does not guarantee future results. Before making an investing or trading choice, readers should undertake their own research and evaluate their own circumstances. The author and platform accept no responsibility for any financial losses or damages stemming from the use of this material. Receive personalized advice from a qualified financial advisor.

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