Nifty Long term Elliot wave

Actualizado
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.
Nota
I keep coming back to this scenario. This complex reaction is getting too violent...
Nota
Is the wave 4 complete . . .?
Nota
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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