Nifty - Long Term Scenario

NSE:NIFTY   Nifty 50 Index

Looks like Nifty already completed it's 5 wave bullish sequence on monthly chart and currently correcting the entire wave 5 sequence which is essential for next bull run.

Normally such correction may end near to the previous 4th wave span ( levels as highlighted : 9119-6825).

This is not a trading call, Just trying analyse where we can look for the bottom for a long term investment.

** only for education purpose **

Trade with Care,


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