Nifty 50 Index

Nifty 50 Elliott Wave Theory Analysis

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Nifty started fresh uptrend in August month. As of today i believe we are in the correction wave which is of type expanded flat. After some more consolidation Nifty is likely to continue its bull momentum to complete the wave 5. If the 17000 level is broken then this analysis gets obsolete.

*This Analysis is for Educational Purpose only.

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