Dear All , Nifty
is Forming A Channel from Last 4 Months And By Following the Channel And Applying Wave Theory on It , We can find that A Correction is Likely to be Seen Here . On Second Chart of Nifty
, The Price is Resisting Near the Upper Band which indicates A Correction in Near Term ... So Better to Wait for A Correction And Buy Good Mid-Caps And Small-Caps
on 20-30% Discount ... Strategy for Nifty
" Short At 10,775 For T1 : 10656 , T2 : 10504 T3 : 10440 With SL At 10850 "
Please Consult Any Technical Advisor Before Making Any Position ... Good Luck !!!