Elliott wave analysis # get ready for next rally Long

Nifty 50 IndexNSE

Description

⋅ Jul 8, 2021 1:35 PM

In 1 or 2 days BO (break out) is about to happen. Don't miss the rally. It can be final bull-trend from Mar'20.

Lower degree wave count:

⋅ Jul 9, 2021 8:04 AM

⋅ Jul 10, 2021 1:29 PM

Revised wave count

Comments

AnshulM

⋅ Jul 8, 2021 4:38 PM

If wave 2 is a running flat, down move from 9889 should be a 5 wave pattern but it looks like a 3

dhinesh_kumar

⋅ Jul 8, 2021 4:59 PM

@AnshulM, That was not running flat (overall wave 2 correction). It was combination correction (double-zigzag).