The previously tracked ‘9 Navratnas’ triangle structure has been invalidated, forcing a strategic shift in the Elliott Wave count. Nifty has now formed a Bullish Alternate Bat pattern around the 25,327 zone, suggesting that the path to 26,000 may still be open. This analysis breaks down why the bearish setup failed and identifies the critical invalidation levels traders must watch to confirm if this is a genuine reversal or a complex trap.
