dev161971

Nifty possible wave structure

NSE:NIFTY   Nifty 50 Index
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.

Comments

you still believe it might give 4% correction this week.Tomorrow looks a bit difficult as its expiry.
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dev161971 starttrade2020
@starttrade2020, Well the smaller terminal pattern of larger fifth wave took nearly 10 days to form. Hence correction of smaller terminal pattern should ideally take less than half the time it took to form. So the correction of the smaller terminal pattern may take around 5 days to complete.
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@dev161971, Thanks man.Looks like there is no logic working in this market.insane behavior.
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starttrade2020 starttrade2020
Finally your prediction coming true.keep it up man
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