Lets talk about nifty today, as you can see nifty is fallling for last 2 months which was expected as per neowave counts. I am bearish in nifty from 18200 as you can in my previous nifty trading idea.
But whats now, thing is trend is still bearish for two weeks in medium term cycle. From here we can expect another downward fall as per neowave structure. Though in short term there is a possiblity that we will see an D and E wave also. before moving downward. If anything changes in structure i will update here.