dhinesh_kumar

Elliott wave analysis # revised wave count

NSE:NIFTY   Nifty 50 Index
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

Nifty current correction wave count

Banknifty current correction wave count

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

Banknifty
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

BankNifty
Comment: Updated wave count

Nifty

Banknifty
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