Nifty is doing wxy correction. Has done W & X. Now we are in A leg of Y. The correction will be 5 3 5 5 for A 3 for B and 5 C. 1st of A will end near 16800. The ultimate target may come to 15600 to 15800. Positional shorts or wait for investment strategy may be applied. Pls do your analysis or take the advice of your advisor before jumping for a trade.
Smaller time frame will update during market hours if possible.