Nifty is in Elliot's wave since 2016, This is the last wave of correction. (Weekly Charts) The best part is, a Head n Shoulder at the End, Which mostly occurs in Elliot Wave (if no harmonic chart patterns are found). On a larger scale also, NIfty is in Elliot's wave on Monthly charts. (Haven't covered here) Nifty after touching 11,200-300 can shoot around 9000-9400. Hence the stocks in Indian Stock Markets will follow.
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Something Bad Was Sensed Looking At The Pattern (considering fundamentals are all intact for businesses), Do We Have It Now?