On 11-11-2016 Nifty has made a 5 wave move down. It appears that this move down has already been completed or could possibly go down another 50-75 points into the support zone.
Subsequently over the next 1-2 trading sessions we should see a bounce back to 8400-8440 levels where there are multiple resistances.
Subsequently over the next 1-2 trading sessions we should see a bounce back to 8400-8440 levels where there are multiple resistances.