Nifty updated counts (Elliott Wave Analysis)

NSE:NIFTY   Nifty 50 Index
In this post I will be discussing 2 Hypo's basically both are suggesting that we have atleast one more up leg remaining before some big downside can be seen.

Hypo 1 posted above suggests that we are in an Extended W.(5) which looks to be in it's final stages.
Hypo 2 posted below considers W.B/2 as a Running Flat instead of a Triangle and suggests that we may be currently moving in an Extended W.(3).

Will update further as this market progresses.
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A suggestion Always work with alt counts .
+1 Reply
@AJAYSHARMA, 2 Hypos are already discussed, best you read the commentary before posting comments.
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