Wave C down in NIFTY seem to have started ...
Nifty 50 Index NSE:NIFTY
NIFTY is in ABC correction mode and seem to have completed B and now starting C down. The minimum requirement for C is around 23000 which is 61.8% of wave A. Other important levels are around 22500 and 22000, 78.6% and 100% of A respectively.
There might be pullbacks on the way down but all major swing highs should hold from here till we do at least 23K.
source https://www.tradingview.com/chart/NIFTY/co0f60tm-Wave-C-down-in-NIFTY-seem-to-have-started/
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