dhinesh_kumar

Elliott wave analysis # correction not completed !!

NSE:NIFTY   Nifty 50 Index
I was expecting 'Triangle correction', but based on Friday formation, it could be combination correction. For more details, refer the chart.

BankNifty
Comment: Wave count from Mar'20 low and also covers count from 14151 level.

Comment: The pullback (up-move) is still pending. See Banknifty it has to reach 35250 level
Comment: Updated wave count

Nifty

BankNifty

Comments

will nifty revert from 15870 or 15914 on Monday?
+1 Reply
@ckirtane, Should revert from around 15825-55 level. 15915 is invalidate level.
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Hello Dinesh , Thanks for ur current view on nifty, it would be more helpful for everyone to see chart on daily time frame from low of 14155 ? Whats the big picture ?
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dhinesh_kumar saraltanwar
@saraltanwar, Posted
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