9500 will be around 50 % projection of the wave between 1 to 3
but since getting an exact point to short is an arduous task even to the experts,
i will prefer the option route to short
i will start shorting june 9500 puts when nifty spot goes above 9460 to 9470
i prefer June series since the trading days in May is less
thanks sir for your view. i only analyze rather than actual trading (i am an amateur though)
presently i am only looking @ point to short
i may ignore if there is any buying opportunity for now (less risky trader)
if nifty goes below 9382 - i will think that the above wave count is wrong.
can you please suggest an alternate wave count for the above chart ?