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Nifty Elliott wave analysis for 10May 2021In 2hour chart of nifty from 15431 it seems triple zigzag correction is running and final abc decline is pending from 15044. from 15044 to 14416 wave A is completed and from 14416 wave B is started. After completion of wave B, we can expect wave C decline below 14151.
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Nifty Elliott wave analysis for 6May 2021Nifty 1hour chart is showing that last abc decline of triple zigzag correction may complete below 14151. And in 15min chart also bounce from 14416 is looks like corrective so overall we are expecting decline in nifty from present level or from given resistance level in chart.
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Nifty Elliott wave analysis for 5May 2021In 1hour chart of nifty we are expecting final abc decline on down side to complete triple zigzag correction.
And in 15min chart 14517-14552 is an immediate resistance range and if trades above 14552 then only positive. for detail understanding kindly watch video.
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Nifty Elliott wave analysis for 3May 2021In this video one can learn a lot about elliott wave counting as specially when one pattern is violated, that is what happened today as we were expecting triple zigzag pattern ended at 14151 but after breaking upper wedge line price breaks the same wedge line on down side which violated the pattern. Now what next is explained in detail.
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Nifty & Bank Nifty Elliott wave analysis for 26april 2021In this video i am trying to explain Nifty 1hour chart where there is a high probabilities of completion of Triple zigzag correction at 14151 and in Nifty 5min chart 14583-14656 can be the minimum target range for coming sessions.
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