Niftydirection

Nifty wave C about to start

Short
NSE:NIFTY   Nifty 50 Index
Nifty wave A is 3 wave structure completed near 16376.
Wave B was zig zag correction moving more thann 0.618 fibonacci level of wave A.
Considering 16592 as top Wave C is expected to end in zones 16275 (100% of Wave A) to 16153 (138.2% of Wave A)

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Comments

Is wave 5 of 5 is completed?
Reply
@TKMum, Nope as per my count one top still possible might be near 16980 which is 5 of 5
Reply
@Niftydirection Thanks for reply
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