Plus Oil And Gas Sector
- The count remains the same, though wave B is prolonged. Expect volatile markets
- Extreme caution required as markets completing wave B in all probability of a flat correction
- The magenta rectangle drawn in all probability will persist UNTIL wave B is completed.
Technical Nifty Oil And Gas Analysis dt. 17-11-2025
- In all probability Oil and Gas Sector to move up but in a sluggish manner
- Move within a rising triangle
- This move part of wave B of a developing Flat correction