Nifty Elliott wave analysis for 7Dec 2020 onward

NSE:NIFTY   Nifty 50 Index
Wave (5) started from 10790 is looks like a three wave move as of now. wave (c or iii) started from 11535 achieved 100% and 123% while 161% is coming at 13534.
12868-12613 is immediate support range and nifty is positive as long as trading above 12613. Nifty turns negative only if trades below 12613.


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