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Nifty 50 Index
Updated

Elliott wave analysis # forming triangle

556
Wave 4 is in progress and forming triangle correction.
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BankNifty

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Nifty updated wave count
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Nifty possibility-2 for today's movement
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BankNifty
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Nifty
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Wave C in triangle is completed or about to complete.
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Updated wave count

Nifty
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BankNifty
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Nifty: Fall from 30jun 12:15 looks like ended at today 9:25, but after then it broke the low again. So there may be some other possibility (like still wave A of triangle C is in progress). I will update once get clear view.
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Possibilities for fall:

1. Wave 5 of wave A - at-least test day low (after then, need to see inner wave formation)
2. Wave 3 of C - in that case 34300-350 n 15550..15520
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The pullback should end here around 15690 n 34840
dhinesh_kumar
Elliott WaveNIFTYnifty50

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Elliott WaveNIFTYnifty50
dhinesh_kumar

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.