Nifty 50. Is 3rd wave up?

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Maybe. If panic selling and volatility are noticed in bank nifty as well then I guess the 3rd wave is up and we are going down.
You can also view bank nifty's Idea from the below.
Note
Though keep an eye open for bulls as well because maybe. 10600 act as support and and price start raising again.
BANKNIFTYBeyond Technical AnalysisChart PatternsNIFTYnifty50Trend Analysis

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