Nifty 50 Index
Updated

Elliott wave analysis # revised wave count

401
I have done some inner wave changes in wave (5). Refer the chart for more details.

snapshot
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In my last analysis, I said the rally (wave 5) has started. But wave 4 was not completed. Even though it is still in wave 4, there should be temporary up-move to recent high where wave B of 4 completes.
Note
Updated wave count
snapshot
Note
Wave Y completed today. After then wave formation confirmed further upside, maybe for wave Z. If so, the correction may take 2-3 days and sideway correction. If forming something else, I will update.

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