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Elliott wave analysis # next 3-5% fall

Oleh dhinesh_kumar
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Once it completes the upmove as described in my previous analysis, there may be fall to the level 31500.

Disclaimer: This idea is not for trading.
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Nifty also is similar view. It may fall to the level 14200.

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Still upmove is pending
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If breaks today's low tomorrow, overall it is invalidate. Need to see further development.
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I did mistake in counting yesterday fall. The upmove completed and it is expected fall as described in the analysis. In the fall Y is completed and correction is going on. Once the correction complete, there will be Z
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Update wave count

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Nifty: Updated wave count

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BANKNIFTYElliott Wave
dhinesh_kumar

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