Nifty Elliott wave analysis for 26th Nov 2018
Most probably one impulse wave is completed from 10774 to 10512. and we can consider it as wave (A) and now retracement levels of wave (B) is coming at 10612, 10643 and 10674 which can be achieved in coming sessions.
I would suggest not to trade for wave B in options and wait for wave C to trade.
OR
If Nifty decline from present level to 10434-10385 without achieving retracement levels shown in chart then one can buy in 10434-10385 range.
I would suggest not to trade for wave B in options and wait for wave C to trade.
OR
If Nifty decline from present level to 10434-10385 without achieving retracement levels shown in chart then one can buy in 10434-10385 range.
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