chirag_Khasiya

Nifty Elliott wave analysis for 1st oct 2020

NSE:NIFTY   Nifty 50 Index
Earlier we have considered wave iii at 11072 but now it seems iii has completed at 11305 and wave iv at 11181 which is almost 23% retracement.
And if wave iv is completed at 11181 then projections of wave v is coming at 11377-11499.
we were expecting more than 38% retracement because counted five wave completed at 11305 and looking for wave (b or ii) which can retrace at least 38%-50%.

Comments

GOOD ANALYSIS.PULLBACK IS EITHER COMPLETED AT 11444 OR WILL GO TO 11499 MAX. FROM WHERE NIFTY SHOULD START GOING DOWN .
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wave v minimum criteria fulfilled... what next
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