Nifty closed below 17593 which is immediate breakeven point for downside. In this video I have explained latest Elliott wave counts from daily chart to 5min chart. Kindly watch video for better understanding. Thanks for watching
Sir, Can you please explain me one of my doubt, From 2008's Bottom (2252) Nifty moved around 10,000 points [In 135 Months] Rally (12430) and made one correction in 2020 and from that bottom (7511) it moved exactly 10,000 points [In 18 Months] (17792). So I am confused what Wave is this which has covered 10,000 points in 18 Months. You have so detail knowledge so please clear my small doubt.
chirag_Khasiya
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@vijaydhuri10, I have posted All time frame analysis for Nifty where monthly chart is explained. Kindly see that.