NIFTY = THE BIG PICTURE - elliott wave count Short

NSE:NIFTY1W

Nifty 50 IndexNSE

Description

⋅ Apr 25, 2017 7:49 PM

Weekly chart of nifty elliott wave

Comment

⋅ May 6, 2017 9:26 PM

please ignore the above chart

the correct wave count as follows

NIFTY

Comments

khalani717

⋅ Apr 26, 2017 4:41 AM

Wave 1 and Wave 4 can't over lap. Please relabel the charts

hypersync_09

⋅ Apr 26, 2017 10:14 AM

@khalani717, In sub wave countings , overlaps are permitted :)

joel-vg

⋅ Apr 26, 2017 1:56 PM

@khalani717,

Wave 1 & wave 2 is completed , we are within the wave 3
within wave 3 - we have completed wave i,ii,iii,iv of wave 3 without any overlapping
now what i want to highlight in this chart is we are in wave v of wave 3
within so not concentrate much on the marking within that wave v of wave 3 - it can go as an ending diagnoal (pattern is not yet clear)
but what i want to make a point is that we are within wave v of wave 3.
please do comment if you have any doubts

joel-vg

⋅ May 6, 2017 9:22 PM

@khalani717,

yes there is a small correction in the chart ; posting the same

Imprimus

⋅ Apr 26, 2017 3:44 AM

Good thought, wait for big economic event, oh yes, tonight it is. Tomorrow bear can take control. :)