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AJAYSHARMA
Aug 2, 2018 2:53 PM

Elliot Wave Nifty - this wave iv will clear the future counts 

Nifty 50 IndexNSE

Description

I am working on an ABC move with wave B as a triangle as the most probable count . As per this count we are in a wave 4 of C . The current wave 4 should hold the channel it is correcting and then go for the final wave 5 for 10600 app . to end the ABC ziz zag . It wave 4 does not hold the channel and breaks it convincingly then and impulsive count comes into play . Lets see what happens .
Comments
walter0202
Wave (iv) complete and wave (v) started today then ?
AJAYSHARMA
@walter0202, Since wave ii was a flat wave iv seemed like a double ziz zag . That is alteration . So we may be in a wave v I think as u have observed . 11600 around should finish off the corrective ABC wave . So need to be careful .
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