Nifty 50 Index
Short

IS 16K A NIGHTMARE FOR NIFTY?

182
16000 target is not achieved, hence truncated 5th wave will lead a sharp sell of due to heavy long positions.
So 16k is a nightmare for indian NIFTY. Possible targets given in the chart , I' ve used only one indicator(CAMERILLA PIVOTS)
monthly target 15200
yearly 12200
enjoy bears, sell on peaks

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