rcanu

NIFTY WEEKLY

Long
NSE:NIFTY   Nifty 50 Index
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This is weekly chart of nifty from low of 6825 to 12440.
In this we have completed wave1,2,3 and wave 4 is in progress.
This wave 4 is progressing as a skewed triangle and we be very
near to completing it and proceed for a new high.
Only condition the trend line drawn should not be broken on
weekly closing basis.looks strange??
if the trend line is broken then counts will change.

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