NIFTY - Elliot Wave Analysis - ABC corrections coming up?? for NSE:NIFTY by traderparag

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NIFTY nifty50

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nifty nifty50

NIFTY appears to be completing Wave 5 of the journey it started in March-16.

Possibly, very soon, ABC correction will take down NIFTY back to levels of at least 8700.

Or it could even go down to 8400 or 8100 - depending on the strength of abc corrections..

Trade active: NIFTY is moving as expected - almost about to complete A move...

Comments

Good analysis!

Can u pls share ur email id . U can mail it to me on mlt1403@gmail.com. thanks

down tgt r 8700 8300 8100 7800 7400 6900 5500 possible

thakur123

@thakur123, are these targets from elliot wave count and are you also looking at astro set ups ?

mlt1403

@mlt1403, ya only chart n Elliot no astro

thakur123

@thakur123, thanks , so do you feel the high behind us at the 9200 zone , or more more attempt left ?

mlt1403

@mlt1403, yes high behind us

thakur123

@thakur123, can u pls share ur email id. You can mail it to me on mlt1403@gmail.com.thanks

The only question that remains to be answered in this equation is - how far does the current Wave 5 extend...

traderparag

@traderparag, hi Parag,can you pls share your email id.thanks