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Nifty - Elliott wave analysis - buy or sell ? what's next

NSE:NIFTY   Nifty 50 Index
It is in correction after finishing the shorter cycle, so from current level, it should start correction up to 16100 or lower level. There is always a possibility of further extension, but buying at current level is too risky. So stay hedged between both buy and sell set up to be risk free.

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