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  • Writer's pictureEkat

Nifty50 Stock Price Analysis for 19th December 2023

Nifty50 is again moving in a correction format, this will be massive wave 4 and will bleed out all profits. Stay careful, wave 4 is not to be played but observed - perhaps play with hard stop loss. Check out the wave count cheat sheet mentioned in the Education section of Charts- Stocks.

Nifty50 moving down

If this falls in 5 waves then this is Wave A and we continue with this count. If it breaks current high then we will have to relook at counts.

Happy Trading!

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