Description
⋅ This is just analysis of Todays Nifty movement.
As per theory wave 2 was sharp the wave 4 will be complex correction based on this identified wave 4 as Triangle when It completed wave D.
Post that it was simple to ride both Wave D and E and then Triangle breakout on close above 11500 on 15 min chart which is wave 5.
Just for study purpose only.