Nifty have another possibility. May be a short covering rally.
Nifty short based on trend analysis. Looking to sell at 16970 levels.
Nifty expecting another wave of downside. Supporting elements:- Trend analysis Elliot wave Fib levels
Excepting upside move in Gold for below reasons, 1. Double bottom, 2. at Fib levels
Short entry at 714 to 690 level. SL = 815, Target = 580
Target 883; Stop loss 680
Buy India bulls, Target 600
Buy Sunpharma, Target 900
Buy Idea, Target 25.
Buy Yesbank, Target 130
Buy Tatamotors, Target 290
Buy Ashokleyland, Target 110