With US election results looming large, where does Nifty stand? On the face of it, it has closed strong, but a wave count suggests a short term top is in or maybe 20 odd points more at best in a gap up tomorrow morning. Thereafter a correction back to 5680-5695 range. (All above levels are Nifty spot levels). Sustaining above 5755, may mean my count is wrong.
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