Possible Elliott wave counts on hourly time frame of Nifty

29 cze 2023

Hello Friends

Here we had shared possible Elliott wave counts on hourly chart of NIFTY, in which we can clearly see that currently we are in impulse structure and as per counts we can say that after bottom of June 2022, we have started fresh impulse up move, in which we had completed wave (1) and (2) and now possibly we are in wave (3), which can be at least equality with wave (1) so estimated target may be 19748 where 5 of (3) may finish, currently we are in 3 of (3) and inside 3, we are in (v) of 3 of (3).

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Some significant snapshots are shared below, please go throughout.

Thanks
RK💕

Overall wave structure since bottom of June 2022



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