Nifty 50 Index
Short
Updated

Nifty Long term Elliot wave

Likely supports in current down turn can be 9750 and 8350.

8K levels will be very lucrative and most likely to hold in longer term.

Lets watch.
Note
I keep coming back to this scenario. This complex reaction is getting too violent...
Note
Is the wave 4 complete . . .?
Note
Duration of correction wave is approx 12 months and we can expect to see bottom formation by Dec 2020...

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