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Nifty Video Update

5 Apr 2021 ‚óŹ 04:51 AM

Nifty sells off into wave Z of the complex correction or wave E of a triangle in wave 4. 14500-14300 should limit the downside and complete wave 4 and wave 5 up should follow. Bank nifty .32500 is 61.8% retracement of the rise. and below that, the reverse channel line is at 32000. This should be the last leg lower in wave 4 for both indices let it complete.

 

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