nifty given sharp sell off from 16900 to 16555 and than again sharp bounce towards 16900++
Sharp recovery shows that still some steam left for wave "(d)"
golden fib ratio 61.8% @ 17327 ..
now two magnetic levels 16650 and 16900 on down side
huge gap up and gap down happening now a days... stay little cautious..
dont get trap at higher levels... wait patiently,...
breaking of Previous day low and closing below previous day low will hint towards completion of wave "d"
Sharp recovery shows that still some steam left for wave "(d)"
golden fib ratio 61.8% @ 17327 ..
now two magnetic levels 16650 and 16900 on down side
huge gap up and gap down happening now a days... stay little cautious..
dont get trap at higher levels... wait patiently,...
breaking of Previous day low and closing below previous day low will hint towards completion of wave "d"