Nifty Sell trade based on Elliot Waves study
Updated
All the levels are mentioned in the Chart. Trade as per your Risk per Trade policy
Note
As we can see nifty has reversed near 1st sell zone and is now heading to the target zone. On pullback small quantity can be added and shall be booked near 1st target. Keep only 25% of your quantity after 1st target is achieved. Will update on reversal zoneNote
Market today too reversed from the Sell Zone again but in the end bounced from 10550. If it again tests the sell area then market can give a good up move. i'll be sharing my analysis. (Advisable to square off your short position)
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