NIFTY Hourly wave count

NSE:NIFTY60

Nifty 50 IndexNSE

Description

⋅ Aug 19, 2016 1:42 PM

Pease read note in the chart.

Comment

⋅ Aug 22, 2016 10:28 AM

As it turns out #NIFTY took support at channel bottom. Possibly low of today is wave (b). However is the ow of today is broken tomorrow it would be almost certain that we have already made short term top at 8728 (as indicated in my daily chart published earlier) and are headed down.

Comment

⋅ Aug 23, 2016 8:38 AM

Invalidated the count as NIFTY trades below 88600 and it now looks like short term top is already made.

NIFTY niftyindia

Comments

udaya.gujaran

⋅ Aug 19, 2016 1:44 PM

C Wave takes longer time and most of the time its unpredictable to find if the C wave has been completed or not .... :(

Stocktechy

⋅ Aug 22, 2016 10:46 AM

Generally wave C is the Killer wave. But when wave A is swift then wave C becomes sluggish & unpredictable.