Be careful -it has dipped to just make a new low@19559 -Not falling as expected
Likely I will book that small loss@19600's
Trading at 19590
There is a reason for this move either it should fall fast can't reverse from the low@19559
or likely it is all done on downside.
Don't get confused with the move if Nifty is below 8733 -BN will go down
Critical Stop for current downside move - 19678 + 3 points more = 19681 for Targets downside 19350-19400
Trailing my stop to e-wave high@19646 for shorts taken at 19577. Its becoming risky as 19550-19560 is forming a base downside.
Finally, it breaks after a lot of struggle. I shall be looking for 19460-19470 as temporary halt & bounce & then fall again to the zone 19350-19400.
Trading@19500 Made session low@19479
Let us book profits
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw