Primary wave 4 expected to be in sideway either in flat or in any triangle variation. One more higher high will invalidates ZIG-ZAG possibility as retracement will be more than 61.8 of previous move as per Neely wave
Nifty is in Elliot's wave since 2016, This is the last wave of correction. (Weekly Charts)
The best part is, a Head n Shoulder at the End, Which mostly occurs in Elliot Wave (if no harmonic chart patterns are found).
On a larger scale also, NIfty is in Elliot's wave on Monthly charts. (Haven't covered here)
Nifty after touching 11,200-300 can shoot around...
"Wick -educational" show
We have discussed about Candlestick Analysis in this video idea. Any candlestick has 2 important components
If these "wick" turns wicked on account of FED decision then -call him & he shall help you - "Who" - Our lord...