Ralph Nelson Elliot, born in USA, developed his wave theory in 1930's, after he discovered that stock markets go up and down in repetitive patterns . He also noticed that…
Above is Nifty long term
Long term view above. The end of covid fall is assumed as cycle wave IV. Markets ready to move up .? Possible movement today. Markets overall bullish .
Above is a long term wave count on Nifty. As per the above elliot count, it MAY not be the end of the road with next big correction and the…
NIFTY maintaining same status as before- On last 5th wave . This can correct (shown in 1 minute chart below Above in one minute chart of nifty showing two possible…
Dowjones moving up along predicted wave count.
Nasdaq , as predicted, moving to higher levels (15000 plus)
Have given two separate alternative counts in red and blue. Both are valid as of today. As predicted nifty moving clearly to its final destination to 16400-16500 levels
We may see a cut today morning. however the upside target of 16400 remains intact.
Nifty , although rose in the last few minutes on friday, I foresee a big drop today on monday the 19th july. However I still maintain the 16000 plus scenerio…