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  • Writer's pictureEkat

Nifty50 Stock Price Analysis for 21st November 2023

Nifty50 is still in our direction of analysis. The pull back today seems to complete wave 2 internal, should go above this. Nifty is in its final phase up only to make wave 1 of wave 5 (bigger cycle).


On 1H time frame, if you follow the trend you will reach the top. However catching the top is not our idea. We do not want to catch the top but perhaps count waves. We can co-relate the market and see what is happening at Dow Jones, perhaps DXY and then plan accordingly. For now, I am not planning to short this market.

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