Nifty getting ready for further bearish move

NSE:NIFTY   Nifty 50 Index
116 3 2
Nifty             getting ready for further bearish move. Good to short around 8340 - 8370 range
@DineshKBhasin - Is Elliot wave theory reliable for short term trends like these?
DineshKBhasin SaurabhMehra
@SaurabhMehra, Yes, I believe. No indicator and theory can foolproof the outcome; however, they can help you know most probable price action.
SaurabhMehra DineshKBhasin
@DineshKBhasin, right cool :)
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