A strong rally use it to exit

CNX Realty VS Nifty & CNX Realty CMP 816

Elliott- The first ABC correction is a zig zag. The wave B is an expanded flat corrective pattern which is clearer on the ratio chart. It is again very clear from this chart that a corrective pattern has emerged post the completion of zig zag. This is an expanded flat corrective pattern which should go minimum to the 970 zone. This is a good 18% from the current levels. Which means some of the stocks can move 30 to 40%.

Conclusion- Do not take this rally seriously. Book ur profits and exit as another set of ABC correction will begin post its completion. So yet another Index showing a strong rally. Make money and exit.