SatoshiCollector
Short

NIFTY50- CORRECTION PHASE

NSE:NIFTY   Nifty 50 Index
I'm bearish on this trend, Look at higher Time frame i don't see possibly;ity of any reversal to 11000 region. This give me reason to short , We have formed Flat correction , Where I'm targeting Last Wave C ,with 1:1 FIB EXT.

Reason to Enter :

1. Dead Cat bounce
2. Great R:R ratio Setup
3. 200 EMA as a resistance

SL : 11100

Comments

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