Is 4th wave possible...
what do you think .. plsss comment below
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this only a prediction if possible ..... we can say perfectly about 5th wave
But at first it need to complete its major wave ...
Holding 10050 5th wave possibility still exists.
B of 4th wave in running, could tgt 10440 or 10500
Then after
C of 4th commence up 10150.
Below 10195 bearish scenario as per previous charts
Holding 10200 bullish scenario for 10400 (high made 10408 )to 10500 and then 10150.
Nifty In 15 min charts, The 'C' wave (Fall) started from 10553.Could tgt 9600-9700 or more.
Below 9500 the Medium term uptrend structure would be changing. I will update if 9500 broken.
Faced Resistance near 10550 (200 EMA) also Looks like completed (i) wave of 3rd , And alternet options "B' ,
In all 3 scenario suggest fall .
50 to 61.8 % support important.
The details of nifty already written in chart. (short with sl 10180 or wait for 10300)
The small 'C" wave tgt near 9600 , Or Alternet count
If it Continue of Big "C' started from 10326 , Then Down Trend continue ( would be updating count if 9350 breaking )
This is only educational purpose only ,not for recommendation.
Let's Learn and Earn. Elliot wave mostly if identified correctly helps in discovering important psychological levels.
Bank Nifty
Second waveform can start and wave 5 for previous wave form is complete with correction of ABC. Today's last 15 min start of new likely wave of Bank Nifty is beautifully mapped on 15min Chart for your consumption.
Also if it enters...
NH Chart was shared with me by one of our Seminar attendees. I clearly updated that looks like a C Wave Trade and worked out perfectly. Staying connected with right people can add great value.
![BANKNIFTY: Science Backed by Data[Bank Nifty Series]: BankNifty new wave ?](https://s3.tradingview.com/d/Dp8mzokW_mid.png "Science Backed by Data[Bank Nifty Series]: BankNifty new wave ?")
