Nifty seems to be going up in an ABC wave pattern. However, the momentum is missing.
In the current ABC wave, it seems to be forming the B wave downside.
After the B wave is complete, the C wave would begin.
However, for the C wave to show an upside momentum, it has to first cross and sustain above the 25,300 level.
If the C wave manages to move beyond 25,325 level, it could reach 25,360 and then move towards the 25,400 level.
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