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NIFTY50: Sell 11986, Stop-loss 12027 and Target 11767
Sold at 11986- covered position 11767 = 219 PROFIT
I have described the complete market cycle of Elliott7653 on the weekly chart of nifty as well as two model structural development which are Motive and corrective. Now that I’ve reviewed all types of waves, I can summarize their labels, as showed in the nifty chart.
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