manu_5123454

NIFTY (Elliot Wave Method)

NSE:NIFTY   Nifty 50 Index
Todays (7/11/2017) fall is like a profit booking after bearish candle happened at higher level (near 10500). so that doesn't mean bearish could see for further moment . 10300-10350 is kind of a strong support area . i think nifty could take support from near 10350 to 10500 like ABC pattern so according to elliot wave 4th wave is continuing in ABC form .
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.