Here is my nifty Analysis for upcoming days. As you can see market has corrected more than 10% in last 2 months. If you can see there is 5 wave Elliott wave pattern (3 impulsive and 2 corrective waves as you can see) in downtrend. Now I'm expecting market to give upmove with 3 wave pattern (2 impulsive and 1 corrective) in uptrend.
I hava also come to the same analysis.Let us see tomorrow if it is correct.
pallasena
⋅
There are Two views. Either there is a treble 3 correction which is complete or an Impulsive ongoing one. The latter is preferred by me when i read that jointly with my own Astro Model RAM . But as per the latter impulsive view W 1 ended at 17973. W2 top is 18352. w1 of W3 is 17629. w5 of W3 is 16783. W4 is 17639. W5 may not be over. Let us see