bank nifty in wave c it has to unfold in 5 waves target are 100% or 1.61% of wave a as mentioned
nifty short term count 5 wave is still pending break on trend line will trigger upmove
i believe 5 wave has yet to complete which can which can be marked as primary 1
primary 1 has completed and the correction has reached .78 % in 5 wave with zigzag correction
broader outlook for hdfc its ready to fly c wave has completed its 5 wave move
short term outlook look will be posting broader outlook too
short term nifty outlook c has to unfold in 5 waves last leg expected
wave analysis trend continue to be upward either it can start larger wave 3 or corrective b
wave analysis wave a was 5 wave down so we are expecting wave b termination around .618 the following pattern is zig zag 5,3,5
wave analysis it seems wave a has completed and we are locking for b wave up
wave analysis down trend for short term but look to buy for primary wave up
wave count larger wave (a) has completed look for buy setup
it have completed primary 1 and correction of flat in primary we might be looking for start of new wave up
we are looking for correction as primary wave b is unfolding look for short around marked levels for c correction
wave analysis in this count wave 5 become ending diagonal where as correction is still taking place as larger A of flat pattern have form we are yet to make b and c yet alternative count
wave analysis in this count we are heading for 3 wave as primary wave 1 and flat correction is done
wave 5 (1) has completed we are expecting complex correction in intermediate wave 2