indiacharts

An ABC correction done is a case for a bottom for Nifty

NSE:NIFTY   Nifty 50 Index
Nifty completes ABC and retraced 78.6% back to the gap support at 14421. All good to resume the uptrend unless we get a 5 wave decline. 3 wave declines are counter-trend and that means that the larger trend is up

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