Nifty ElliottWave forecast

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Nifty daily chart


Nifty Elliott wave wave s are very much confusing at current juncture but I just came out with one of the probabilities that showcases something very astonishing.

Technically speaking, Nifty is not showing any signs of weakness as it continues to make new lifetime high. Also to be noticed that the index is protecting it's previous low, all suggesting that upside is not capped.

As per wave theory, I believe that wave iv was in a inverse descending triangle which implies that currently Nifty is in wave v and is all set to move till 61.8% of wave i, iii to iv 

Let us learn all these concepts of Elliott-Neo wave in my four day course which will give  you objective approach to forecast price direction. This theory can be used in all markets and helps you identify proper reversal points and catch the rally. The fees for the same is INR 10,000/-. C for registration call +919324174580 classroom  training available. 

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Aurobindo Pharma
Bajaj Finance
29 September 2020 at 14:47
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