Was impatient w/ previous idea, and it failed miserably. It looks weak only holding below 1582 w/ sl 1599, trg 1572, 1558, 1532, 1480.
Look to sell around 1615/17, w/ SL 1639 for trg mentioned above.
NIFTY: Corrective down leg targets 11070 , 10975 and 10930.
SL above 11150.
Validity : View negated if moves above 11150.
DISCLAIMER: I am not a Certified Technical analyst , please do your own analysis before taking any investment decisions.
AURO PHARMA - In EST , likely to move down to 595 , 589 , 582.
Can look for short up to 609 break of 603
With SL above 614
Validity: This view INVALID if scrip moves above 614.
DISCLAIMER: I am not a certified Technical analyst. Please do your own analysis before taking any Investment/Trading decisions.
There are multiple ways to look at nifty and the count above is also open to interpretation. The way I'm looking at this is, it is assumed that move from nov 2018 to jul 2019 is ending something and is not really 1-2 wave structure. Now that being said we have started a correction which look quite complex. It seem Nifty is forming a massive impulse. There are many...