padiyaraa
Long

Nifty is moving towards 8275

NSE:NIFTY   Nifty 50 Index
214 3 6
Current swing count from 7916 low seems to be an ABC correction since
only wave B can (wave 2 cannot) retrace more than 100 %.Wave A is internally an abc
zigzag completed at 8251 with 194 points,Wave B is an irregular abc with an extended c
completed at 7894 with 357 points, and C is always an impulse wave, is progressing now.
if my assumptions are right,then the C must go minimum 8275.

The internal structure is stable in supporting the view.
Comment:
Hi to all,
NIFTY reached the said minimum target.
I am unable to make a valid comment, as I am
away from my dusk, and not able to make an analysis properly.
Reply
bharathi1464 padiyaraa
U r analysis great sir
Reply
I also have the same view about Nifty.
Reply
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