Nifty Wave C continues on Daily chart
-As discussed in last Idea 17161 was our target & now looks like market can fall further, our target was achieved so no clear path right now
-as of now cannot tell how much further it can fall according to elliott waves but 16800 is good support, i am expecting market to take support there & start fresh wave cycle from there
-we should wait for some days as soon as we see some indication of initial wave 1 & after that we can long & new wave cycle will begin from there
Thank you
-as of now cannot tell how much further it can fall according to elliott waves but 16800 is good support, i am expecting market to take support there & start fresh wave cycle from there
-we should wait for some days as soon as we see some indication of initial wave 1 & after that we can long & new wave cycle will begin from there
Thank you
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