Nifty alternative-3 : only reason I have kept this alternative open because its holding 138.2% level upside and because of this I can not rule out it and have to keep it open expanded flat possibility : so as per this wave counts 18605 to 15183 is wave w, 15183 till 19992 entire up move is wave x in expanded flat and now we are in middle of wave y of downside move which should fall downside till lower band of the channel which is coming around 16080 spot levels.
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Note : I m not at all seeing this possibilities to comes in action till it does not give me a close below 18887—18605 spot levels which are previous highs, we can think of this to comes in action only below this levels but as I mentioned it held 138.2% upside so I have kept this open but I m not seeing this as of now till 18887—18605 does not get break, so currently I m looking either alternative-1 or alternative-2 is active in the market
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