NIFTY

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NIFTYNifty 50 IndexNSE:NIFTYsiddumallappaPrimary Trend: Bullish Grand Supercycle Wave ((III)) remains intact from the March 2020 major lows.Intermediate Trend: The market recently concluded a massive Wave 5 extension near the key peak regions.Current Active Wave: We are currently witnessing an active Wave C or corrective Wave ii sequence of a larger structural shift. Analysts also observe that the ongoing upward minor recovery is acting inside a Terminal Impulse Pattern (or Ending Diagonal) where waves are highly overlapping and corrective in