rf16saun

Nifty back to the ending diagonal, way to 10,400-10,500

Short
NSE:NIFTY   Nifty 50 Index
After a month of intense run breaking all the fib went to the reversal zone falling after testing 1.61% extension of 2016-2017 move, per my count it looks like the Wave 4 correction it is perfectly normal to fall about the range of 10,300-10500 but selling below 10,200 might consider changing the count. I still believe ther's one more move towards the dead zone before we get a real correction. Wait for C wave to unfold with some Puts

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