future for nifty

19 בנוב׳ 2021

This analysis is based on wave count, fib levels and chart pattern, we have been in a deca cycle of EWT wave 3 in most of the markets and the unusual growth has been due to the final wave 5 of wave 3 which has been accurate as per fib levels wave 3 was 1.618 level which top out as per mumbo jumbo covid drop and then we top at exact 1 is 1 level as wave 5 so i believe we will be entering a very long term bear market but the good part is we will be entering wave 5 of long term EWT which will give us a very good height