Weekly chart of Nifty.
It appears this is on going 3rd wave of
on going rally.
It has completed third and fourth wave
of this 3 rd wave.
The wave should extend atleast to 20532
and touch the upper line of the channel.
In case of bank nifty it had dipped to 20 period weekly
average ,But nifty has not done so.
Infaltion rate for India and US are likely to come out
on 12 th and 13 th sept.
Incase of India it is likely to soften.
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