Nifty Price Prediction for 04 Nov 2024

 Right now, the Nifty 50 could be experiencing a sharp upswing. Another negative move can follow after this correction ends if the wave count is right and the corrective phase is still ongoing.

NIFTY 50 / 5 MIN

If the Nifty 50 rapidly begins to rise, you should primarily monitor the levels of resistance around 24,480 and 24,600. If the market does not follow this wave count and falls below the current low, it may signify the beginning of a downward impulse, which might lead to the downturn continuing.


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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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