Nifty elliot wave analysis
🔹️ Rise from 16410 is in the form of impulse on upside suggesting that we are in 5th leg of impulse (might be truncated) on daily timeframe which started from 14150.
🔹️This are the internal wave counts of 5th leg
🔹️Important resistance and support are shown on chart
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Remember this, wave counts can be change as market moves. Only thing which certain in this markets that markets are uncertain...
🔹️ Rise from 16410 is in the form of impulse on upside suggesting that we are in 5th leg of impulse (might be truncated) on daily timeframe which started from 14150.
🔹️This are the internal wave counts of 5th leg
🔹️Important resistance and support are shown on chart
.
.
.
Remember this, wave counts can be change as market moves. Only thing which certain in this markets that markets are uncertain...