NeeravYadav
Short

Nifty looks to be moving down in Wave 4 (Elliott Wave Analysis)

NSE:NIFTY   Nifty 50 Index
The move up after the Triangle seems to have completed nicely as an Impulsive structure and hence it seems that the current leg down is for Wave .iv which can take Nifty to 11075 to 11010 levels.
Shorts can be held with SL above 11176 which is the current swing high.
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Comments

when every body knows it should come down, that will be the day it will shoot up..big guys are always hunting for sl
Reply
it went up! do we expect any extended wave or what an be the immediate resistance?
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