Elliot Wave Price Analysis, Triangles are one of the most reliable Elliot Wave patterns. You only see them in very specific parts of the trend. We have 2 Interpretation now in the Broader Index, the overall sentiment still looks week for the index.
The overall count which we have plotted in Nifty is W-X-Y-X-Z pattern, Price seems to be in a choppy manner, and thus forming a complex correction.
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