Nifty is in correction mode and we think this will continue the whole month. An immediate bounce may be to levels of 11600 - 11700 and then again to levels of 11300.
We still think wave A has been done and wave B is about to start !!
We still think wave A has been done and wave B is about to start !!
Trade active:
Nifty moving in Wave B unless it breaks life high !!
Nothing much over the week as Nifty looks set for a consolidation -- 11600 - 11700 & FED meet next week !!
Nothing much over the week as Nifty looks set for a consolidation -- 11600 - 11700 & FED meet next week !!
Order cancelled:
Nifty has given up with USDINR & Crude Oil moving on upside !!
Looks like 11160 ahead tomorrow -- best to sit out as Nifty is consolidating and it is getting difficult to trade !!
Looks like 11160 ahead tomorrow -- best to sit out as Nifty is consolidating and it is getting difficult to trade !!
