-As we can see from recovery from today's low nifty bounced & made high of 17667 & then came profit booking. -from this point market looks bullish & looks like market is most likely going for the 3rd wave -one can buy above 17666 & target should be 17816 around level after that it may get extended or it may not. -If nifty breaks today's low then this whole theory gets invalidated.
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