NIFTY SELL TRIGER POSTIONAL

NIFTY SELL TRIGER 11371 RANGE NIFTY BUYING START FROM 10988 350 POINT EARN SINGLE TRADE  

The fall from 11172 to 9952  has moved past 1.236 times of  the “supposed””A” wave @ 11460 ; hence, the relevance of “B” wave gives way to impulsive “v”th wave or the major “3”rd wave; this view gets doubtful below 11300;  gets negated below 11180. Only two scenarios remain – vth (of the rise from 6826) or 3rd (2nd having ended @ 10558)- one bearish to break 11300 & 11180 and the other bullish which requires 50% – 61.8% retrace to hold..