NIFTY-50 is in C major wave of the abc correction. We have completed wave 1 and 2. We are currently in wave 3 of C out of which we have completed inner wave (i) of 3. And again we are in wave 2 of major wave 3.We can expect nifty to retrace upto 17330 then we will continue to downtrend.
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הערה
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Please note the invalidation will be yesterdays low.