NIFTY50.....Target has been hit!Nifty 50 IndexNSE_DLY:NIFTYruebennaseHello Traders, my favored target-area has been reached today @ 23400 area, exactly low @23262 points. A well done area, and I hope it has helped you to perform well? What to expect for the reminder of the week? It is possible to count the chart as a five up, followed by a „three-down! So, if this idea plays out, we are right close to a new advance in the coming hours. Secomd argument for this idea is the fact, that the NIFTY50 has touched a „Fair-value-gap“ area and touched the 50% range of itself @23398! The third fact is evenmore, that we see a candle, that predict „uncertanty“ about the coming hours, whether an impulse or an ongoing decline! And last, not least, the 3-hour chart shows a little divergence by the indicators (RSI7, Momentum 4) also. The facts speak a clear message, but keep in mind, that correction within a wave 2 (possibly) can move deeper as a 50% range of the fibo, as it is for now! So be protected and always a good hand with your trades! Have a great week..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk