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Nifty 50 - Elliot Wave
Nifty 50 Index
Short
Nifty 50 - Elliot Wave
By tradeyathra
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Updated
Jan 1, 2022
1
Dec 31, 2021
From the bottom 16375 nifty started correcting towards upside.
I see a leading expanding diagonal in the Wave A. Wave B will be corrective wave of ABC pattern. Wave C will be extension for Wave A and Wave B.
Why I strong believe that nifty is still in correction mode?
because for the range 7519 to 18617. The market should correct at least minimum 0.382%.
Jan 1, 2022
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Wave Analysis
tradeyathra
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