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NIFTY potential shorting opportunity developing

Short
Indice Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indice Nifty 50
Elliott Wave Wave Analysis NIFTY nifty50 niftyindia
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elliottwaves waveanalysis nifty nifty50 niftyindia
Elliott wave counts (pink is preferred, yellow is alternate) mentioned. A potential setup seems emerging that will reach 10800 levels eventually or a triangle. Watching closely.
Trade attivo:
Lets see how this one goes with TSL of 11968. Thanks.

Disclaimer: my posts are only for educational purpose. If you take position, it's entirely your call; i have no connection with that or outcome of that trade.
Commento:
Closed at 11750 spot. Net profit: 11940-11750 i.e. ~200 points with a risk of around 35 points (11968 spot).

Still watching the development. Most probably, it's going to be a short side entry.

Disclaimer: my posts are only for educational purpose. If you take position, it's entirely your call; I have no connection with that or outcome of that trade.
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