Elliott wave analysis # correction not completed !!

Nifty 50 IndexNSE

Description

⋅ Jul 3, 2021 2:18 PM

I was expecting 'Triangle correction', but based on Friday formation, it could be combination correction. For more details, refer the chart.

BankNifty

Comment

⋅ Jul 4, 2021 1:50 AM

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

Comment

⋅ Jul 5, 2021 5:30 AM

The pullback (up-move) is still pending. See Banknifty it has to reach 35250 level

Comment

⋅ Jul 5, 2021 12:20 PM

Updated wave count

Nifty

BankNifty

Comments

ckirtane

⋅ Jul 4, 2021 5:44 AM

will nifty revert from 15870 or 15914 on Monday?

dhinesh_kumar

⋅ Jul 4, 2021 10:54 AM

@ckirtane, Should revert from around 15825-55 level. 15915 is invalidate level.

saraltanwar

⋅ Jul 3, 2021 5:10 PM

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 ?

dhinesh_kumar

⋅ Jul 4, 2021 1:51 AM

@saraltanwar, Posted