WXY CORRECTION IN NIFTY
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DISTRIBUTION pattern always will take ''WXY'' format in INDICES
Traders should be cautious in holding positions , it is beter to trade daily (9.30am to 3.30 pm)
3 wave down WXY and recovery ABC in equal time will give you good trading oppertunity.but there is no trend to follow.
Here ELLIOTT waves will give you good idea to trade. The final push of wave ''Y'' (5th wave down) will bring NIFTY to 15900 levels
Traders should be cautious in holding positions , it is beter to trade daily (9.30am to 3.30 pm)
3 wave down WXY and recovery ABC in equal time will give you good trading oppertunity.but there is no trend to follow.
Here ELLIOTT waves will give you good idea to trade. The final push of wave ''Y'' (5th wave down) will bring NIFTY to 15900 levels
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