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  • The nifty level at this particular time is just acceptable for wave 4
  • Higher than 24557 will negate the above count .
  • IF ABOVE count is correct and the markets start falling from below the level of 24557, the markets can take a deep dive down as the last part of cycle wave IV.
  • Once wave IV is completed , cycle wave V to start upwards.
  • In case markets go above 24557, the above count is negated