The price is under Wave (iii) and High expected!

Updated
Nifty can climb for the new high and the price is trading under the wave (iii). The 16593 is important to level for the long positional traders.

The closing 16701 above can boost the price new high for you. We can see more upside gaps. Note: I don't expect the price of 16593 below.
Note
I hope, you enjoyed analysis
Trade closed: target reached
Trade achieved target.
Elliott WaveNIFTYnifty50Supply and DemandTrend Analysis

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