Get started
dhinesh_kumar

Elliott wave analysis # revised wave count

Nifty 50 Index (NSE:NIFTY)  
dhinesh_kumar Updated   
NSE:NIFTY   Nifty 50 Index
Elliott Wave Wave Analysis NIFTY nifty50 niftytrend niftyanalysis niftybank niftyprediction niftyoutlook
3
10
elliottwaves waveanalysis nifty nifty50 niftytrend niftyanalysis niftybank niftyprediction niftyoutlook
I expected wB of 2 was in progress but there was some mistakes in wave decoding. Its not wB, it is w3.

Banknifty revised wave count
snapshot

Nifty current correction wave count
snapshot

Banknifty current correction wave count
snapshot

Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Comment:
Nifty
snapshot

Banknifty
snapshot
Comment:
BankNifty - completed the fall and moving higher for wave 5 35810 level.

Nifty - the correction from 4th Jun is still in progress and developing as expanding/irregular correction. It may move up along with Banknifty,
Comment:
Updated wave count

Nifty
snapshot

BankNifty
snapshot
Comment:
Updated wave count

Nifty
snapshot

Banknifty
snapshot

Related Ideas

dhinesh_kumar
Elliott wave analysis # possible prediction for 11-17 Jun
dhinesh_kumar
Elliott wave analysis # as expected fall started ??
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.