NIFTY seems to have completed Wave "B" with breakout candle and seems all set for a sustained down move all the way to ~4600. This count is also supported by two all powerful Wolf Wave formations.
Would have liked NIFTY to scale 6700 but looks difficult and it is safe to assume the top is already made.
Note : Later moves confirm we could indeed head for levels of 6700. Will post chart with revised Wave counts.
Would have liked NIFTY to scale 6700 but looks difficult and it is safe to assume the top is already made.
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