Nifty Daily chart
Updated
Nifty is in the correction phase. All 5 waves are completed. Now started the wave A and most possibly end at 10850.
Then wave B will start.
Can take a long position at 10800 levels for the short term with the target of around 11300, then again big correction wave C will start.
I will update the Levels again.
Then wave B will start.
Can take a long position at 10800 levels for the short term with the target of around 11300, then again big correction wave C will start.
I will update the Levels again.
Trade active
Target Missed by 30 pts. As said, wave B started from 10885 level, can trade for long for short period.
Trade active
Nifty again tested the level of 10850. Go for Long and keep stop-loss as 10840, just a few points below the level.
Trade closed: stop reached
Stoploss
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