NIFTY ELLIOTT WAVE FORECAST #nifty

Hello Friends,

As per NIFTY ELLIOTT WAVE COUNT Theory #NIFTY can go up to 16200 to 16390 level and as per #elliott wave count we can short near 16200 to 16390 zone for the #target of 14500 to 14300 level down side.

Happy trading.

Elliott Wave Labelling Cycles :

Grand Super Cycle : ((I)) (((II)) ((III))((IV))((V)) ((a)) ((b))((c)) ((w)) ((x)) ((y))

Super Cycle : (I) (II) (III) (IV) (V) (a) (b) (c) (w) (x) (y)

Cycle : I II III IV V a b c w x y

Primary : ((1)) ((2)) ((3)) ((4)) ((5)) ((A)) ((B)) ((C)) ((W)) ((X)) ((Y))

Intermediate : (1) (2) (3) (4) (5) (A) (B) (C) (W) (X) (Y)

Minor : 1 2 3 4 5 A B C W X Y

Minute : ((i)) ((ii)) (( iii)) ((iv)) (( v)) (( a)) ((b)) ((c)) ((w)) ((x)) ((y))

Minutte : (i) (ii) (iii)(iv)(v) (a) (b) (c) (w) (x) (y)

Subminutte : i ii iii iv v a b c w x y