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dev161971

Nifty on downtrend

Short
Nifty 50 Index (NSE:NIFTY)  
dev161971 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
Nifty has probably completed its extended wave 3.

It may correct upto 17050.

Correction will not be simple so be prepared for shaky movement.
Comment:
Nifty can turn up from the low of 17600. But be careful. Market sentiment is negative and it can turn down again.

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dev161971
Nifty may go down then rebound back.
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Nifty outlook
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