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forextidings
Nov 18, 2021 3:44 AM

**NIFTY's Elliott Wave Perspective for Today** 

NSE:NIFTY60
Nifty 50 IndexNSE

Description

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Nifty can bounce from 0.618% - 0.786% of retracement levels, and we may see 18350 again.

According to the Elliott Wave Principle, it can drop up to 1.00% of wave i. And a breakdown of wave 'i' is a direct sign of a strong downtrend.

Buyers must note that the price has broken 200 EMA.

Don't buy without any confirmation.

Comment

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Trend AnalysisChart PatternsElliott Wavenifty50niftyanalysisniftytrendniftyindianiftyelliottwaveniftyelliottwaveanalysisniftyelliottwavecount
Comments
Creativelife
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how to project time...of move...
UnknownUnicorn493766
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well done
Ajayadav
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pls check the wave length.... I think 3 can't be the shortest
Amique_UK
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Do you represent moneymunch institute? Cause your trade setup exactly looks like theirs.
vekariyasanket81
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Ma'am, SGX Nifty broken the Low, I think it follows same count, Am I right? If yes, then what's next in Nifty?
eternallearner
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Excellent. There is hope till wave 1 start pt is not broken. Hope your labelling is followed by the mkt also.
sanjeev123singla
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mam 98/ wrong pls dont fool people
bhalla1990
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what is invalidation, would you wait it 17600?
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