yogi_sharma_elliottician

NIFTY50- Rebounds?

NSE:NIFTY   Índice Nifty 50
As suggested in previous idea, the up move was a trap, but now it got major support as shown in the charts, and now it might show some rebound to fill the Gap 2 and above that to fill Gap 1 if it holds the current support, if trading for rebounds, be cautious because Nifty might hit new recent bottom.

If falls below today's low and holds below it , expect 10600


Regards,
Sharma Yogesh
Comentário:
Holding looks difficult, exit at 10855
Comentário:
Again can be bought at 10865 with sl 10848
Comentário:
next possible move update

Much possibility that if it breaks this flag downside, it may touch 10800 again, if holds the flag the fall might be around 10964 making double top, if holds above it then expect 11110 and fill the gap 1
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