Long

WAVE ANALYSIS NIFTY50

Updated

Currently Nifty is forming wave-D of a large triangle in up trend. It will take time to finish the wave-D, and it must be different that the wave-B .

Note

Flat with strong B wave. Minimum retracement of wave-c is completed.
If it will start sharp fall and goes below 16824 then wave-E of a larger triangle will start with new pattern.

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