Nifty up 0.66% and the charts are crystal clear, the correction is officially OVER! 🚀
We are witnessing the launch of a massive Wave 3 in Black macro impulse, completely dismissing minor sector weakness in IT.
Next major target: 24,600 horizontal resistance! 🎯
Expiry Watchout for Tomorrow:
⚠️ Intraday PCR spiked to 1.65 before closing at 1.35. Call premiums are heavily pumped, so expect localized option-writer decay or a brief morning dip.
Oscillators are perfectly aligned: RSI has immense room to run, and RMI just triggered a clean moving average bounce buy signal. View any expiry dip as a buying setup! 🛡️
$NIFTY #TechnicalAnalysis #PriceAction #ElliottWave #OptionsExpiry
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