Nifty minor C wave down Short

Nifty 50 IndexNSE

Description

⋅ Sep 16, 2019 6:51 AM

Nifty has tried to test the upside resistance quite a few times today and has not been able to scale it. On top of that, since it was a gap down opening, I feel we may have another leg down till the immediate support level.

Trade closed: target reached

⋅ Sep 16, 2019 7:03 AM

First target almost done.

Trade active

⋅ Sep 16, 2019 7:27 AM

Broken the resistance zone...now free flow

Wave Analysis NIFTY