The 5th primary Elliott Wave, which began after the decline following the election results, is continuing its upward movement towards the 26,000 mark. The secondary waves 1 to 4 (within the primary wave 5) have already been completed, and wave 5 is expected to resume its upward trend soon.
This progression can be clearly seen in the chart. I am optimistic about seeing the Nifty reach 26,000 this year.
Remember, the market is supreme, so trade cautiously.
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