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

Nifty 50 IndexNSE

Description

⋅ May 3, 2021 5:17 AM

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