movva.ramakrishna

Nifty : - Correction Wave A in progress

NSE:NIFTY   NIFTY 50
97 0 3
Wave A is in-progress of the correction. Looks like Zigzag correction so will extend couple of sub waves possibly tomorrow. Dont Trade Wave B which will trap every body. No target for it.( Unless you want excitement of watching dow jones all night and praying).
Trade closed: target reached: Wave B was formed as indicated to 8250 and then the Market turned for Wave C combing below 8200.
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