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rajeshnihalani
May 28, 2018 11:10 AM

Elliot wave count Short

Nifty 50 IndexNSE

Description

Wave 5 will finish at approximately 12000 then wave 4 at 7000.

please note that this is my idea and i may be completely wrong.

Comment

Larger wave 4 started, will end at 7000 to 8000

Comment

reaching there
Comments
jitenjaipuria
you are right......there is a clear bearish divergence on RSI......so wave 4 is in offing.....i dont care about price levels.....but then wave 5 should begin
AJAYSHARMA
Pls use a log scale for long time charts .Then redraw. That 12000 thing seems to correct but that 7000 thing seems out of whack. Continue labeling , Regards
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