joel-vg
Long

NIFTY elliott wave 15 minute chart

NSE:NIFTY   Nifty 50 Index
the chart shows the possible count as per me .
I consider the upmove to be an ABC corrective wave to end as an X wave
Reasons are
1) on Daily chart - i think the larger wave 3 is completed and hence should stagnate at these levels for longer time
2) Global Turmoil ,
3) also i see a completion of wave 3 in U. S. markets, and i feel a correction is due in SPX            
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