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 !!
交易進行
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 !!
取消訂單
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 !!