NIFTY 50 (ELLLIOT WAVE ANALYSIS) 12/08/24.
As nifty is in a consolidation phase in higher TF.
It is travelling inside a rising wedge.
Currently it has completed C wave and started the D wave.
After completing E wave we can expect a downfall of around 350 to 500 points minimum.
It is travelling inside a rising wedge.
Currently it has completed C wave and started the D wave.
After completing E wave we can expect a downfall of around 350 to 500 points minimum.
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