Nifty Bear Set up as per Elliott wave

Nifty-50 appears to be completed a wave B of one higher degree and the setup is ripe for unfolding wave c down. Confirmation to come on breach of the rising trend channel currently placed around 18000.

Disclaimer: The view is based on EWP and is not a trading call. This is shared for people who want to learn Elliott wave & Technical Analysis.
elliotwaveanalysisNIFTYnifty50Trend AnalysisWave Analysis

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