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Niftytarget

Nifty Elliott wave analysis on daily chart for 4jan 2021 onwardIn this daily chart it seems wave (1), (2), (3) and (4) is completed and wave (5) is in progress from 10790. 38% and 61% projection of wave (5) is already achieved so its in extended zone. Maximum level 100% is coming at 15096 which is rare case. From 10790 wave (i), (ii), (iii) and (iv) is completed and projection of wave (v) is coming at 14272-14977 range and from there we can see bigger decline if we are right at identifying pattern.
NSE:NIFTY
by chirag_Khasiya
17
Nifty Elliott wave analysis of 1hour chart as on 7Nov 2020In this 1hour chart it seems wave (i), (ii), (iii) and (iv) is completed at 11305, 11181, 12025 and 11535 respectively. And from 11535 may be wave (v) started and already achieved its 38% projection and almost near to 61% projection. so now we need to be cautious on buy side. The only confusion in this chart is the speed of wave (v) from 11535 is sharp and steep. For immediate move we should concentrate on the bounce from 11535 in 15 min chart.
NSE:NIFTY
by chirag_Khasiya
9