Alternate - Bearish Count

NSE:NIFTY   Nifty 50 Index
257 3
All explained in the chart
wow pretty close I must say.. u r good!
How have you calculated 8950 level for C wave in this ABC correction? Could you pl explain?
AJAYSHARMA Anoopkumar1963
@Anoopkumar1963, That is the previous wave 1 top of one higher degree . So this is wave 3 of one higher degree which I have labelled . So this wave 4 correction what we may be experiencing should not move into price territory of 1 . Then we will not get the remaining wave 5 of one higher degree. That was the thinking with 8950 / 8960. See the exact point 4 urself.
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