It appears it is 4th wave of on going 5th wave in progress.
Nifty has strong support at 15539.
It appears to be a correction how ever if nifty breaks the pivot shown in the chart
more down side may be on the card.
At present I am neutral on it
looking for a bounce.
But if it breaks 11450 then another 100 points fall .
may take place.
Nifty has strong support at 15539.
It appears to be a correction how ever if nifty breaks the pivot shown in the chart
more down side may be on the card.
At present I am neutral on it
looking for a bounce.
But if it breaks 11450 then another 100 points fall .
may take place.
Comment:
ohh sorry 15450.
