Ajayadav

NIFTY MIGHT BE IN WXYXZ CORRECTION

Short
NSE:NIFTY   Nifty 50 Index
NIFTY might be doing triple correction i.e WXYXZ, of which it has completed WX and doing Y. in Y it has done A which is of 5 waves and will go for B which could be around 15100 from there it could go for C which could be around 14770/14625/14300. So nifty can be shorted between 15060 to 15110 with SL 15275 for the targets as said above.

One other possibility is that if nifty manages to clear 15275 than we can see another high which could be 16000+

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.