Nifty Long term Elliot wave

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Likely supports in current down turn can be 9750 and 8350.

8K levels will be very lucrative and most likely to hold in longer term.

Lets watch.
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I keep coming back to this scenario. This complex reaction is getting too violent...
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Is the wave 4 complete . . .?
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Duration of correction wave is approx 12 months and we can expect to see bottom formation by Dec 2020...
Wave Analysis

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