Nifty Anticipated Happened and double correction

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 Nifty hourly chart anticipated on 29th March 2021


Nifty hourly chart happened on 8th April 2021


In my previous update on 29th March about Nifty, I had mentioned, "Nifty has a strong support at 14100-14000 levels, as far as it is intact prices are likely to soar till 14800-15000 price range in short term."

The index bounced from the support and achieved my level of 14800-15000 levels as it marked a high of 14986- Anticipated Happened.

Here is the link of my previous article on Nifty where I had anticipated the rise, click on the link to view the article.

https://www.marketanalysiswithmeghmody.com/2021/03/nifty-elliott-wave-analysis_29.html

It is very clear that prices are moving in double correction pattern (a-b-c-x-a-b-c), it completed wave x an has started moving down in form of wave a (second correction). Wave a is still ongoing and can tumble near to 14000-13800 price range.

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