Nifty coming down in C wave.

Aug 4

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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Aug 5

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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.

Aug 6

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Aug 6

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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.

Aug 7

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Aug 7

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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.

Aug 7

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Aug 13

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Aug 13

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Dow has taken the shape of diogonal,and recovering,the above chart is not levelled,let us see if correction is over or not.