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Elliottwavecount

Nifty Elliott wave analysis for 4th Feb 2019 onwardsIrregular correction at from 10629-10987 is indicating bounce above 10987. And if Nifty trades above 11065 which is 123% projection of 10534-10923 then it can further bounce sharply towards 11700. OR IF nifty declines back from 10987-11065 level then one more decline is possible towards 10584-10534. Wave count of Pattern here(Left side of vertical line) can only be confirmed after short term moves gives us some indication.
NSE:NIFTY
by chirag_Khasiya
Nifty Elliott wave analysis(weekly) for 17th to 21st Dec 2018This sharp decline from 10941 to 10334 is seems like personality of wave C. And recovery towards 10941 after that sharp fall is also indicating that it might be an irregular correction pattern was completed from 10645-10440(as A), 10440-10941(as B) and 10941-10334(as C). As per this wave count 10974-11126 is the minimum target range, even if wave started from 10004 is corrective. As of now we should not be concern whether its ABC or 123.
NSE:NIFTYLong
by chirag_Khasiya
1
Nifty Elliott wave analysis for 26th Nov 2018Most probably one impulse wave is completed from 10774 to 10512. and we can consider it as wave (A) and now retracement levels of wave (B) is coming at 10612, 10643 and 10674 which can be achieved in coming sessions. I would suggest not to trade for wave B in options and wait for wave C to trade. OR If Nifty decline from present level to 10434-10385 without achieving retracement levels shown in chart then one can buy in 10434-10385 range.
NSE:NIFTY
by chirag_Khasiya
5