Looks like the corrective pattern C LEG is playing out within the channel.
Wave counts and the subwaves counts are marked in the chart in hourly TF
200 HEMA will act as a resistance and also best zone to enter in to shorts (for a good RR set up)
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision