NIFTY completed wave "d" near 16900 and sell off started
nifty six time touched the level 16800---16850
wave "d" compled at channel top and tringle breakdown retest level ...
wave "e" down started towards 16400---16100--15500
in previous post reminded that bulls stay cautious and do profit booking.. and no fresh buying recommended.. whereas today excellent sell off started.. as per option chain data distribution/sell off seen at 16800/900 level
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