Those investors who are in a panic because Nifty has corrected for 2 straight sessions, and are worried that the index may face a huge fall – here is some good news.
Take a long-term view. The future doesn’t look that murky at all. In fact, it looks extremely bright.
For details, check out Nishit’s long term Elliott Wave counts here.
(Note: I am not a great fan of Elliott Wave theory because it seems too confusing and cumbersome in practice. But I do like long-term views, and Nishit’s post is definitely worth checking out.)