yogi_sharma_elliottician

#nifty50 flat corrective structure

Long
NSE:NIFTY   Nifty 50 Index
Recently I am coming across many views regarding crash, and some are predicting till 10k as well.
There are many things to look before concluding. Right now, I can only see flat structure, that is new impulsive wave might start from tomorrow upside, similar to my previous idea, only difference was I thought it is a running flat in my previous idea.
In case, from the ATH if it is a new ABC corrective structure, still around 14500 is possible, but chances for that are very, very less. I am betting my money for ATH, till it doesn't breach yesterday's low(which again makes my SL tiny as usual) or opens gap down.

Regards
Trade closed manually:
Opened below the zone, next support 14130/14055
Comment:
next imporant support around 13750
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