Nifty Day end analysis 2023.05 25
NIFTY Moving inside a triangle abcde pattern right now.
Currently wave d is underway.
Triangles occure in wave 4 so after end of abcde pattern (and wave 4), wave 5 should take the index further up.
Note
Wave d of possible abcde pattern completed.Trade closed: stop reached
As the price moved above top of wave b, this view stands invalid.
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