Nifty 50: The crash to 25,400s - Nature’s gift or a trap? [Video]

Abhishek H. Singh WaveTalks

While the broader market panicked as Nifty tumbled from 25,800 to the 25,400 zones, disciplined Elliott Wave traders were waiting for a specific 'Alternate Scenario.'

Today, we review how the market honored the fall towards 25,550 'Gift Zone' (hitting a low of 25,388) more than 400 points panic fall and discuss whether there is a buying opportunity or a deeper correction in disguise.

Plus, a technical look at Nifty, Bank Nifty, Indigo, Bitcoin, MCX Silver, Comex Gold.

Author

Abhishek H. Singh

WaveTalks

Abhishek is a seasoned financial analyst with over a decade of experience specializing in Elliott Wave Theory.

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