Nifty elliot wave counts from 16800 to 18300.
Take ultra caution from here onn till 18565
Near 18565 can go short on nifty with 18600 call long of may series.
Rai showing tripple negative divergence, jndicating momentum is loosing down.
Near 18565 can go short on nifty with 18600 call long of may series.
Rai showing tripple negative divergence, jndicating momentum is loosing down.
Note
today did 18100 asked to stay light from 18264 till 18565
anything below 18098-18040
will open gates for 17600
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.