Updated: Nifty50 should end 5th wave. New chart updated below. Nifty50 loves charts-stocks.com because whatever we plan happens. Nifty has reached a targeted level from where we should see a drop. A pullback perhaps that will help us to enter long positions again. If you haven’t seen the cheat sheet then check here.
Nifty50 completed Wave 3 today, and now it should fall down in 3 waves of ABC.
I am happy with this outcome, in fact we were able to manage the upside as well with Venus entering Libra and perhaps some Gann stuff.
There is also a major trend reversal time around 7th December 2023. So perhaps the pull back may finish by then.
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New Update: Nifty50 ended 4th wave, and there is chance of minor wave up which should finish by 2 pm max on 4th December 2023.
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