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WaveTalks
Jul 18, 2016 10:48 AM

Nifty--80Points (Nailing the Nifty Write in the Spot 8580-8590) Short

Nifty 50 IndexNSE

Description

As per previous updates--"Can EU double Top Make Nifty Fall" & "Invalidation Level-8595" ....The Level 8595 worked like a magic wand...after a long time & market tested patience of all bears for these many days...It showed some relief sign by slipping 80--90 points from top..I am fortunate & thankful to almighty that we figured out the weak zone 8580--8590...& Have update in comment section...that safe traders should also participate if downside thrust is seen in the market... or going below 8550--8560 & Risky Traders --They will say hurray...because they took short right in the top zone 8580--8590...

Regards, Abhishek H.Singh, CMT

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