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Nifty 50 Index
Short

Nifty start an impulsive decline

The sell off we are seeing is wave A of an A-B-C decline from the recent high, and that is in wave iii and wave iv would be a 50-100 point bounce at the most. Wave v of A may go to the lower end of the falling channel near 14100.
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The Truth About The Markets
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Elliott WaveWave Analysis
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