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nifty elliottwave analysis 20th aug

Not much has changed from the last post.
NIFTY ELLIOTTWAVE. Lets see present picture.


The above could be a posibility which means we could witness this sdeways move for one or 2 
more trading sessions ,This count holds true as long as Lower yellow trendline holds true.

Lets see what could happen if trendline breaks down.


This suggests another abc on and a fall towards 10900 or bit lower can come ,Tomorrow we could 
figure out what pattern plays out :).


This post first appeared on Rish Trader, please read the originial post: here

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nifty elliottwave analysis 20th aug

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