Nifty elliot wave
🔹️Zone of 17450 to 17500 will act as strong resistance for 16 Dec 2021 expiry.
🔹️As long as 17650 defended on upside, maintain sell on rise stance.
🔹️ If 17650 get broken then whole wave count will change. Instead of impulse downside it will get change to some corrective pattern.
Always follow the trend. trend is your friend 🤝🏻 and most important, SL is your #BFF🤘🏻
🔹️Zone of 17450 to 17500 will act as strong resistance for 16 Dec 2021 expiry.
🔹️As long as 17650 defended on upside, maintain sell on rise stance.
🔹️ If 17650 get broken then whole wave count will change. Instead of impulse downside it will get change to some corrective pattern.
Always follow the trend. trend is your friend 🤝🏻 and most important, SL is your #BFF🤘🏻
