movva.ramakrishna

NIFTY: B Wave completed ? Market moving down in 5 wave formation

NSE:NIFTY   NIFTY 50
98 0 2
NIFTY             is making a flat correction pattern with the top of B formed at 8370. For the slide down the first target is between 8240 to 8197. The Swift rally was just a trap to get the retailers sucked in or window dressing for the 6 months. Can be validated only at 8250 if the support holds
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