Nifty : Elliot Wave Analysis

Updated
See chart and also refer link in this post for detailed wave count of nifty.)Only educational purpose)
Trade active
(c) wave in making
Note
There is also the possibility of (b) wave formed a triangle if 11570 level is not crossed.
Note
11570 level is touched, now wait for retracement of this recent upmove to 50% or 61.8% for further jumping into trade.
Note
As stated by me Exact 50% retracement is already achieved.
Note
Now further retracement expected.
Note
If tomorrow todays low is not breached in opening hrs then a further upmove will start and more detailed wave count will be posted tomorrow otherwise upmove will come after further retracement upto 61.8%.
Note
Target of retracement achieved just now.
Note
Till now my wave count going perfectly well and achieved targets as expected but now the wave count need to be adjusted and same will be updated soon.
Wave Analysis

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