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selvamB

NIFTY will resume its next leg of CORRECTION

Short
Nifty 50 Index (NSE:NIFTY)  
selvamB Updated   
NSE:NIFTY   Nifty 50 Index
Wave Analysis Triangle Wave elliotwaveanalysis niftyanalysis NIFTY shortsetup
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waveanalysis trianglewave elliotwaveanalysis niftyanalysis nifty shortsetup
On going 'C' wave correction (5wave down) is yet to finish with one more leg down(E).
The progress of 'E' wave will end on 26th April(61.8%of A+B) at 15750
IF the odds or more this wave has the potential to bring NIFTY to 12800 (161.8%of A+B)
LOGIC: the possibility of extended 'E' wave is inevitable since 'C' wave is NOT extended
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