Nifty Daily chart

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Nifty is in the correction phase. All 5 waves are completed. Now started the wave A and most possibly end at 10850.
Then wave B will start.
Can take a long position at 10800 levels for the short term with the target of around 11300, then again big correction wave C will start.

I will update the Levels again.
Trade ist aktiv
Target Missed by 30 pts.
As said, wave B started from 10885 level, can trade for long for short period.
Trade ist aktiv
Nifty again tested the level of 10850.
Go for Long and keep stop-loss as 10840, just a few points below the level.
Trade geschlossen: Stop wurde erreicht
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Elliott WaveWave Analysis

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