nifty elliott wave

nifty 60 mins chart with elliott wave count update :-

nifty is in wave 4 of zigzag count. if wave 4 trigger the wave 1 top which is 5124 than wave 3 minor turns to extension invalidation to extension count below 5017.

(click on chart to enlarge it.)

USD / INR ELLIOTT WAVE ALTERNATIVE COUNT

USD / INR ELLIOTT WAVE COUNT ALTERNATIVE.
ID USD / INR MOVE ABOVE 56.50 THAN THAT IS IN WAVE 5 (IN CHART INVALIDATION TO BEAR AT 56.5 NOT AT 46.5)(46.5 WAS MISTAKE IN CHART TEXT) . CONFIRMATION TO BEAR ONLY BELOW 54.75 . RED COUNT SHOWS DECLINE IN USD. AND BLACK LINE SHOWS ADVANCED IN USD. (CLICK ON CHART TO ENLARGE IT.)

USD  INR WILL SOON COMES IN ACTION.

NIFTY ELLIOTT WAVE

NIFTY INTRADAY 5 MIN CHART
IN ABOVE CHART WAVE A DONE WAVE B ? (WAVE B CAN BE COMBINATION) SOON WAVE C WILL DECLINE AND NIFTY WILL FALL BELOW 5000 AND IT CAN RETRACED UP TO .618 OF WAVE 1 AT 4930 AROUND. 

NIFTY ELLIOTT WAVE

NIFTY DONE IT WAVE 1 IN THAT WAVE 5 (BLUE) SEEN AS ENDING DIAGONAL

WAVE 2 WILL FALL AND RETRACE UP TO  4930 AT .618 OF WAVE 1.