Nifty 50 is still not in the confusing zone yet. It has created a Butterfly harmonic pattern which I already been shared with you in this blog. Now, this is the last leg of the pattern which is on the built but this is a bullish reversal pattern and it will be closing at 14300-14325 zone and then onward there will be a start of a bull run. In my analysis, I think this bull run will be a very short-term because 14470 is strong resistance in all the time frames and previously this support could take the index to 15470 marks but it has been broken down as of now. So, if we only consider the corrective movement as of now then I found quite some referral point which nifty may respect them.

                    Please find the conclusion in tabular format.

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