WaveTalks

India Nifty- Buy Setup

Largo
WaveTalks Actualizado   
NSE:NIFTY   Índice Nifty 50
6
The leg which started from 7765 on RBI policy day could be nearing its downleg & sooner it will start its upside leg. Look out for prices to move above 7570...In that case one can look to book in the zone 7625--7635.
Operación activa:
Prices are crawling on downside so it could be another connecting X-wave before we start another A_B_C & shall look again for target zone as 7750--7775 before falling back or resuming downtrend again.Regards
Operación activa:
If you have an urge to trade--you can take short trade only for 20-30 points downside that means 7540-- to ---7520 --7510. Kindly do not go short for longer targets as prices are crawling not falling.Regards
Operación activa:
Booked ....20 points ...Took short@7540 & Covered@7520...Regards

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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