SCBNifty

Trade what you see

Long
SCBNifty Updated   
NSE:NIFTY   Nifty 50 Index
Sharing my count on a smaller time frame.
And the admin is correct 5 min chart does not give enough time to react.
Expecting a wave 5 on 15min chart as of now.

As a caution avoid trading Corrections on a smaller time frame.
Not sure if the counts are clearly visible ?.

Open for feed back
Comment:
on a 5 min chart wave 5 is almost over
Comment:
reaching ahead best wait for intraday pull back.
to see a clear trend emerging OR otherwise.
Comment:
consolidation continues , will not be surprised to see 17550 as next expected level
Comment:
1st tgt is 17230
20nd tgt is 17180

will keep these 2 as wait in watch level for counts confirmation.
If Nifty is going to be deceptively bullish these targets may not be a reality

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