Nifty Analysis

Nifty Elliott wave analysis for 1st july 2019

Nifty Elliott wave analysis for 1st july 2019

It seems Nifty currently in triple zigzag correction and will complete its last abc below 11625(most probably in an ellipse drown in chart). So Nifty needs to go below 11617 before breaking upper wedge line. But if it breaks upper wedge line before going below 11617 then we could conclude that correction is completed at 11625 as double zigzag .

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