Nifty coming down in C wave.

Up move still left.
C wave will be comleted when five waves down is completed.
it is appearing this pull back is 4 th wave of final 5 th wave.
one wave upside is still left for the completion of this final 5 th wave.
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Uwaga
wave count is invalidated,today's action 4th wave cannot enter in to the territory of 1 st wave.It is larger correction.Will update shortly.
Uwaga
snapshot
Uwaga
No major damage done to nifty as it has retraced only 23.6 percent of the rise from election result day low.But panickling every where.
Uwaga
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Uwaga
Above is the chart of Gift nifty.It must take out the yesterday's high to confirm any change in direction.Higher low and higher high.Probability of forming triangle is there here.
Uwaga
snapshot
Uwaga
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Uwaga
Dow has taken the shape of diogonal,and recovering,the above chart is not levelled,let us see if correction is over or not.
Chart PatternsTrend AnalysisWave Analysis

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