NIFTY 50 WAVE ANALYSIS 31 MAY 2016

31 May 2016

As per our wave count end of 4th and sky rocketed nearly 500 points on nifty. Our extreme wave target for this pattern is 8178, On this enthusiastic run our target reached yesterday. So we adjust the target for this wave pattern as per elliott wave projection, the target 8420 region act as major reversal zone.