nifty looks set for a good pullbackprobable elliot counts on nifty from 16800 to 19200
nifty looks ready for a good much awaited pull backfrom 19200-19300 zones.
nifty running like an athlete from 16800 since 2 mths
almost 2400 points up
and may soon start its pullback move
on derrivatives data front pcr has touched 1.61
ivs at 10.8
shows too much greed and greedy could be challenged in coming days.
rise from 18650 has been with gaps. ( exhaustion gaps??)
also as per gann square of nine 139 square =19321 should act as strong barrier in coming days
139 is co twin prime number and also part of cardinal family
vibrations likely from this zone.
