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Nifty #Elliot 4th wave retracment
NIFTY
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NIFTY: Nifty #Elliot 4th wave retracment

Considering 1st wave at 8840 after sharp correction to 7600, 2nd wave corrected to fib 0.618 level to 8070 , 3rd wave have raised sharply to 9300, 4th wave correction 0.236 level 8571 and possibility of 0.382 level 8360. 5th wave can be expected to raise 1.618 level of 9500 before correction for wave A.

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