Haribol,
Looking to short nifty at these levels .
I find it a good enough place to short in anticipation of coninuation of the Long term trend.
For Elliot Wave lovers , In my Opinion it is completing a Motive wave subcycle and another one may start.
The C wave seems too bullish for me and it more often than not means the Big guys want the Retail Traders to place buy trades.( You know why) :-)
I may be wrong here so take it at your own risk.
Good Luck
Looking to short nifty at these levels .
I find it a good enough place to short in anticipation of coninuation of the Long term trend.
For Elliot Wave lovers , In my Opinion it is completing a Motive wave subcycle and another one may start.
The C wave seems too bullish for me and it more often than not means the Big guys want the Retail Traders to place buy trades.( You know why) :-)
I may be wrong here so take it at your own risk.
Good Luck
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FREE TRADE : Moving Stop loss to Break Even...No Risk Play :-)
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