nikhilbiltiwala

nikhilbiltiwala

Holding shorts with SL above wave A high of 1.10358

nikhilbiltiwala

There is a very high probability that the wave B of correction is completing and we my see the start of wave C which can go below wave A low

nikhilbiltiwala

Since June 15 Nifty is in correction phase and it may start its impulsive wave 5 above 15811 level and for the impulsive wave target is 16530, in wave 4 correction it is forming expanding triangle which indicates end of correction

nikhilbiltiwala

Below today’s low Nifty may start wave 4 correction which can go below wave 1 high

nikhilbiltiwala

Looks like we are going up from that breakdown failure of the sideways first target area will be the high of the sideways range i.e. 1481 and second will the upper border of the bullish flag on the daily timeframe i.e. 1491

nikhilbiltiwala

Marking on charts