Nifty outlook - Strong Recovery or Impending Decline

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If bulls break the control line, we can expect the following target 17356-17472-17521.
But The rejection from the control line will drive the price to 17150 - 17012- 16900.
Nifty has completed Impulsive wave C of wave(c) of wave ((Y)) and started marching upward. In this initiative, we can see a sharp move with three gaps.
A gap down on Monday indicates island reversal and selling pressure.

Previous Article:(All TP done)
NSE NIFTY Is Preparing For Final Wave C
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Is Nifty About To Resume Bearish The Movement?
Elliott WaveNIFTYnifty50niftyanalysisniftyelliottwaveniftyelliottwaveanalysisniftyelliottwavecountniftytipsniftytrendParallel ChannelTrend Analysis

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