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Double correction (abc-x-abc) unfolding in Nifty.

 

#Nifty 16630. Double three correction (abc-x-abc) unfolding.
 Recent rise from 15700-16750 was X-WAVE.
Next down move can begin from tomorrow. 
Protect longs with strict stoploss.
 earningwave.com #Nifty #Elliottwave #Earningwave #suryadev
 
Regards,
Suryadev Bandari
Research Analyst, SEBI.
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