RUDRA007

Nifty spot good short candidate

Short
RUDRA007 Updated   
NSE:NIFTY   Nifty 50 Index
Nifty spot on 60 mins time frame
Nifty have given breakdown from rising channel pattern,
retest of the previous support line which will now act as resistance possible (10180-10210)
view gets neglected above 10290 levels
down side as per elliot wave impulse phase of wave are completed and soon corrected wave may unfold
which would lead nifty to much lower levels,,
Trade closed: target reached:
Nifty spot did not crossed resistance level of 10290, and gave a steep fall till levels of 9580 which was mentioned as target levels for the corrective wave...

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