Nifty analysis for 8th August onwards

Nifty is in the downtrending channel and maintainning the support of the downtrending channel.
All the three indicators are likely to move upwards from the near support zone.
It is highly likely that the wave 2 have been completed.
It seems the 3rd wave is in the offing.
Investors are zeroing in to jump on the board. Let's see.
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