Monday, September 17, 2018

Nifty elliott wave counts

Nifty volatility has increased offlate ,Moves have been big.
I had posted nifty elliott wave counts it turned out to be 2nd
case with stretched c down below 11300 and went till 11250.
Lets see the current chart situation.


This is abcde move which has potential of a new low below 11250.Today nifty filled the gap 
it created on friday.Lets see the other bearish to sideways count.


This is sideways count with nifty saving 11250 and heading higher than 11500,At this point both are evenly poised lets see how nifty travels distance this week.

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