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Nifty Elliott Wave analysis 25-01-2021

Om Namah Shivay

Today 25-01-2021, Nifty made wave structure which is depicted in the chart. It looks structure is complete.
The preferred options can be found out when compared with other Nifty Indexes like banknifty .

If we refer to our DJIA analysis, we can see that the structure is near to it's target.

Originally the EW is drawn on 3 min chart.
anlık görüntü

This is for learning purpose. There is no trading suggestions given in this.

Reference:
DJIA
DJIA Elliott Wave analysis 23-01-2021


NIFTY 23rd
Nifty Elliott Wave analysis 23-01-2021


Om Namah Shivay
Not
The movement can be different. Just provided an option with the movement and the target it should achieve.
Not
The structure stands invalid when the price moved beyond our support line. A correction in the counting is the answer

Feragatname