Probable counts -
i) 10618-10512=106
ii) 10512-10612=100
iii) 10612-10303=309
iv) 10303-10423=120
v) 10423- ?
10423-120=10303(38.2%)
10423-195=10228(61.8%)
Nifty can bounce tomorrow near 10400, this level can be used to enter short, SL for short would be 10435.
i) 10618-10512=106
ii) 10512-10612=100
iii) 10612-10303=309
iv) 10303-10423=120
v) 10423- ?
10423-120=10303(38.2%)
10423-195=10228(61.8%)
Nifty can bounce tomorrow near 10400, this level can be used to enter short, SL for short would be 10435.
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