Short

Wave C down in NIFTY seem to have started ...

By YetAnotherTA

is in ABC correction mode and seem to have completed B and now starting C down. The minimum requirement for C is around 23000 which is 61.8% of wave A. Other important levels are around 22500 and 22000, 78.6% and 100% of A respectively.

There might be pullbacks on the way down but all major swing highs should hold from here till we do at least 23K.

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Wave B up on NIFTY is near completion. Wave C down may unfold ..

by YetAnotherTA

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