dhinesh_kumar

Elliott wave analysis # fall once tests 15258

Short
dhinesh_kumar Updated   
NSE:NIFTY   Nifty 50 Index
The current upmove will end tomorrow between 15258 and 15300 and then fall
Comment:
Invalidate: if breaks today's low without completes upmove as specified
Comment:
Its not invalidate. As 15058 on 8th Feb is start of y of z, I thought z of z might not break that level. So far I had not seen that z did break start of y. But here it did.

Overall the analysis is still valid unless breaks today's low
Comment:
The analysis is still valid with few changes:
1. y of (x) might be ended on 8th feb around 9:30, instead of 4th feb
2. From there till today low, it is x before z
3. From today's low z might be started
4. z of (x) need not be ended below 15300 level

Fully invalid if breaks todays' low again
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