Elliott wave analysis # analysis from Mar'20 low Short

Nifty 50 IndexNSE

Description

⋅ Feb 28, 2021 5:30 AM

Revised wave count from Mar'20 low. Even if the correction is for wave (Z), this correction should be bigger than Aug-Sep'20 correction. In this case, it is possible to test 13400-700.

Comment

⋅ Feb 28, 2021 5:34 AM

Current fall wave count

Comment

⋅ Mar 2, 2021 12:50 PM

Updated wave count (looks like range-bound in this week)

Comment

⋅ Mar 2, 2021 1:48 PM

Last 2 days wave count

Nifty:

Banknifty:

Elliott Wave NIFTY

Comments

light_kumar

⋅ Feb 28, 2021 9:00 AM

Completly agree with ur idea .. but, where do u see nifty at the closing of this weekly expiry on 4th march

dhinesh_kumar

⋅ Feb 28, 2021 10:56 AM

@light_kumar, low of this week might be below 13800-900 level. Invalidate if crosses above 14900. If you are trading, it's your own risk.

HPY001

⋅ Mar 1, 2021 1:16 AM

@light_kumar i think this expiry is between 14500 to 14700

light_kumar

⋅ Mar 1, 2021 3:12 AM

@HPY001, why ?