Nifty : Elliot Wave Analysis
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See chart and also refer link in this post for detailed wave count of nifty.)Only educational purpose)
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(c) wave in makingCatatan
There is also the possibility of (b) wave formed a triangle if 11570 level is not crossed.Catatan
11570 level is touched, now wait for retracement of this recent upmove to 50% or 61.8% for further jumping into trade.Catatan
As stated by me Exact 50% retracement is already achieved.Catatan
Now further retracement expected.Catatan
If tomorrow todays low is not breached in opening hrs then a further upmove will start and more detailed wave count will be posted tomorrow otherwise upmove will come after further retracement upto 61.8%.Catatan
Target of retracement achieved just now.Catatan
Till now my wave count going perfectly well and achieved targets as expected but now the wave count need to be adjusted and same will be updated soon.
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