TradingView
Ajayadav
Mar 7, 2021 6:52 AM

NIFTY MIGHT BE IN WXYXZ CORRECTION Short

Nifty 50 IndexNSE

Description

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+
More