Niftyelliottwave
Nifty Elliott wave analysis for 24 Aug 2020 onwardFrom 7511 its looks like double zigzag correction . But to find out top(End of (c)) we need to look at the recent bounce started from 11111.
I could not see any other pattern other than double zigzag correction. But it doesnt mean I am shorting blindly. do your own analysis and make trading strategy accordingly.
Nifty Elliott wave analysis on Monthly chart as on 22may 2020 In monthly chart decline from 12428 can be wave C of irregular correction(Nifty can bounce again for new high in that case) OR it can be impulse wave A(Nifty can decline again for a new low in that case). 6338 is an invalidation point for this wave count.