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dev161971

Nifty possible wave structure

Nifty 50 Index (NSE:NIFTY)  
dev161971 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Wave Analysis
2
4
trendanalysis chartpattern waveanalysis
Possible wave projection of NIFTY tomorrow on tuesday
Comment:
Wave 4 is unfolding in abc pattern. wabe b of wave 4 may go up to 11494 then will come down with target 11415
Comment:
Wave c unfolding in expanding triangle
Comment:
Nifty going for 11541 and completing its jorney of fifth wave of the larger fifth wave.
Comment:
If my analysis is right there will be a sharp correction of nearly 4 % from there
Comment:
Smaller fifth wave near end. Market can correct anytime.
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