Nifty Resistance at 8136 and supports are at 8066, 8106, 7952.
Nifty can can go further down, watch for these levels 8066_8016 _7952.
The wave counts marked here is not a continuation of any
major wave. it is only a count for the current two or three swings.
That is how it works for me. Then if I find more clarity in joining them
with classic rules, I put and effort to join them for the next degree.
Till then all are an impulse ,a corrective or an X.
Please bear with me, I am still a student for the last 20 years,
since I entered in to finance world.
The wave counts marked here is not a continuation of any
major wave. it is only a count for the current two or three swings.
That is how it works for me. Then if I find more clarity in joining them
with classic rules, I put and effort to join them for the next degree.
Till then all are an impulse ,a corrective or an X.
Please bear with me, I am still a student for the last 20 years,
since I entered in to finance world.