chirag_Khasiya

Nifty Elliott wave analysis for 17sep 2020 onward

NSE:NIFTY   Nifty 50 Index
Bounce from 11185 is looks like an impulsive wave and wave v of that impulse has already achieved its minimum projection.
Now this impulse can be:
(i) wave C of irregular correction-Nifty can decline below 11185 in that case.
OR
(ii) New impulse- Nifty can give retracement of this impulsive bounce and then again bounce above 11794.

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.