AJAYSHARMA

Short for 10818 - previous wave iv of one lesser degree

NSE:NIFTY   Nifty 50 Index
74 1 1
Nifty             is in a wave ((iv)) correction . It is completed wave (( iii             )) which was exactly 1.618 times wave ((i)) extended frm wave (( iii             )). Wave (iv) - of one lesser degree was a triangle . So move after 10818 was the wave (v) of the current wave (( iii             )). I expect Nifty             not to fall in a straight line . It may have completed wave A of (iv) . So expecting a B wave to sell again .
Please update the chart Ajay
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