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Mr_Iniyan
Jan 23, 2022 10:38 AM

Nifty - Both Likely scenarios -Primary and Alt count 

Nifty 50 IndexNSE

Description

Less Like Scenario cant be ignored and taken slightly. All details are over the chart - Self Explanatory. Higher timeframe on monthly and 6 monthly indicates major top is not yet in. So kept high like scenario in the right which is same as prev Idea.

Primary Count is on right side. Recent sell off from to got retraced well enough to satisfy this count. So expecting Diametric as there is no possibility of triangle. Projection for 5 months.

Alt count is on left side. Count is not falling under any proper flat or zig-zag or impulse . Rules are broken. Doesn't fit properly. So less likely count. Projection for 3 months.

Comment

Going towards then 14000

After intermediate rally. will move back again to 12500
Comments
kumar692
Amateur
Mr_Iniyan
@kumar692, what do you mean.pls
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