As we can observe in chart of gold it has ended its correction with some confirmation
1) double bottom with two large engulfing
2) support at lower and of channel
3) 61.8% correction of a full wave
nifty is currently in descending triangle pattern and about to complete its correction
> as we can see in chart nifty is in last leg (E) in which can be complete near 14100 area.
here we can see glenmark has completed its flat correction of second leg
>stock also heading to new price territory with high volume in 3rd wave in which it can go up to first target of 700 after that we will review how its wave is unfolding