Studying the Elliot waves in 15 min time frame.
Waves 1,2 and 3 of the larger wave 3 are done.
Expecting a pullback and consolidating wave 4 for a variable duration before nifty ultimately falls to 17550 and then to 17485 levels.
Stoploss- strong closing above 17700.
Waves 1,2 and 3 of the larger wave 3 are done.
Expecting a pullback and consolidating wave 4 for a variable duration before nifty ultimately falls to 17550 and then to 17485 levels.
Stoploss- strong closing above 17700.