#NIFTY & #BANK NIFTY ELLIOTT WAVE UPDATE

ELLIOTT WAVE NIFTY UPDATE .

AS PREDICTED WAVE C WILL DECLINE.NOW WAVE C GETS OVER AND FROM HERE WE WILL SEE NEW 5 WAVE IMPULSIVE IN ONE LARGER DEGREE.

CONTINUE READING WITH LAST POST ON NIFTY ELLIOTT WAVE UPDATE.

BELOW CHART SHOWS 5 WAVE UP WITH ALTERNATIVE COUNT OF 1 AND 2.

INVALIDATION TO BULL WAVE COUNT BELOW   5680.IF 5680 WILL NOT INVALIDATE THAN WE WILL SEE 

MORE UPSIDE IN NIFTY.MORE UPDATE SOON............

BANK NIFTY ELLIOTT WAVE UPDATE

BANK NIFTY SHOWS CLEAR 5 WAVE DECLINE IN WAVE C .

AND YELLOW BOX SHOWS THE SAME WAVE COUNT AS NIFTY IMPULSIVE.CLICK ON CHART TO ENLARGE IT.

MORE UPDATE SOON ON BANK NIFTY ...................

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NIFTY ELLIOTT WAVE INTRADAY

FOR WAVE C , CONFIRMATION NEEDED AND IT WILL CONFIRM BELOW 6055.
WAVE B AND WAVE 5 UPPER TREND LINE IS ACTING AS STRONG RESISTANCE.
CLICK ON BELOW CHART TO ENLARGE IT . MORE UPDATE SOON..............

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nifty elliott wave intraday update

nifty is moving in wave c. confirmation of wave c below 6055. wave b lower trend line is broken.
click on below chart to enlarge it. more update soon................ nifty next possible target   5800.

NIFTY ELLIOTT WAVE FORECAST

NIFTY IS MOVING TOWARDS IT'S WAVE B. AND WAVE B ALMOST RETRACED .618 OF LENGTH OF WAVE A.WAVE B IS MOVING IN DOUBLE ZIGZAG PATTERN (A-B-C-X-A-B-C).
CONFIRMATION TO WAVE C ONLY BELOW 6055.INVALIDATION TO COUNT 6230.
TREND CHANNEL SHOWING CLEAR PRICE RANGE. ONCE LOWER TREND LINE BROKEN THAN WAVE C WILL REMAIN IN ACTION BUT CONFIRMATION TO COUNT OF WAVE C IS ONLY BELOW 6055.MORE UPDATE SOON............ RED LINE SHOWING POSSIBLE MOVEMENT OF NIFTY.

 
CURRENT POST WAVE COUNTING IS CONNECTED WITH LAST POST.....