Nifty Flat Elliott Wave corretion ahead before final fall

Nifty after going continuously up taking breather.
Currently in triple zig-zag correction of which XX wave in progress which is expected to be flat till 17915-70 levels.

The last correction wave is suppose to end near 17180 if we consider nifty starts drop from 17915.
Z wave targets will change based on where flat ABC (or XX) end.

Off course bounce is expected on upside from 17200 odd levels

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Technical analysis provided on the chart is solely the personal views of my research.
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Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
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Not recommended to take FnO positions based on this analysis

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