NSE:NIFTY   Index of the 50 listed India companies
83 0 2
EWA             suggests that Nifty             is in a Strong uptrend and though the short term is a shallow correction at the end of Wave 3. The final target is 8450 atleast. Any correction towards 8150-8180 zone should be a buying zone.
Trade active: The Correction Wave A is in progress. Traders should be wary of buying into the market as they could be caught off guard by Wave B which can be swiftly reversed.
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