Fibonacci / Gann Box Analysis for 9th Dec expiry on Nifty 50

By tarun_tkg
Updated
Observing Gann Box , Nifty is expected to fall further till expiry.
5th wave of Elliott wave is also forming giving a second confirmation for the downfall till this weekend.

As per this analysis, nifty expected to fall till 16240 i.e. 670 points more till l9th Dec expiry.

Please suggest your views on this analysis.
Comment
I was expecting this to fall n a shorter time frame, instead it took reversal on the same day. Later went in the downward direction till 16410 on 20th Dec.
9THdecemberGannnifty50niftyanalysisTrend AnalysisWave Analysis
tarun_tkg

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