Nifty 50指数
做空

The Index is at resistance

105
Nifty CMP 24962

Elliott- the rally is the B wave and is over in my view. The C wave down fall should start from here. The minimum tgt is 24370 and max is 24K.

Fibs- fib confluence is at 25K and 25100 . Hence we know the Index is at strong resistance zone.

Geometry- the geometry is indicating the current zone to be a strong resistance.

Double top- it has formed a double top on the hrly charts.

Conclusion - hence to me this rally is done and a sharp down fall should happen from here.

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