Where are we standing according to Elliott Wave in Nifty?
Wave Counting:
The impulse that started after the COVID crash is almost near it's completion.
Currently, we are in Wave 5th of the bigger Wave 5th.
Wave 3rd completed in October 2021.
Wave 4 (truncated) completed in March 2023.
The Wave 5th started in March 2023, and we are in the sub-waves of this final wave. This wave can extend since Wave 3 of Wave 5 was truncated (failed to reach 161.8%).
The targets for Wave 5 of Wave 5 can be:
23897 (127% - minimum)
24608 (161.8%)
25394 (200%)
261.8% (maximum) - rare case
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Wave Counting:
The impulse that started after the COVID crash is almost near it's completion.
Currently, we are in Wave 5th of the bigger Wave 5th.
Wave 3rd completed in October 2021.
Wave 4 (truncated) completed in March 2023.
The Wave 5th started in March 2023, and we are in the sub-waves of this final wave. This wave can extend since Wave 3 of Wave 5 was truncated (failed to reach 161.8%).
The targets for Wave 5 of Wave 5 can be:
23897 (127% - minimum)
24608 (161.8%)
25394 (200%)
261.8% (maximum) - rare case
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Trade chiuso: obiettivo raggiunto
127% 23900 hit and it's heading for 161.8% 24600.Nota
161.8% also achieved and fell more than 700 points.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.