Elliot waves suggesting nifty moving down
T1 - 19209
T2 - 18953
The projected 5th wave likely to reach 19209 soon and then might have a retracement there for new wave ... also a gap pending at 19209 and hence its a confluence point
T1 - 19209
T2 - 18953
The projected 5th wave likely to reach 19209 soon and then might have a retracement there for new wave ... also a gap pending at 19209 and hence its a confluence point
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any upside seems to be a SELL opportunity to me here ... 19400 acting as a resistance ... an IF in weekly can give a good return at 19300 levels