Nifty Elliott wave analysis of daily chart as on 12Nov 2020

NSE:NIFTY   Nifty 50 Index
Wave (5) started from 7511 is currently in its 5th wave and 38% is already achieved. 61% is coming at 13437. To find top we have to see wave (5) started from 10790 in lower time frame.


Lets assume 5wave ends at 13400 levels marked at 61.8%..
So can it be labelled as 1of 5 and see some correction in form of 2 of 5 and then see big bull run in form of 3 of 5 towards 17000+ levels..
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