Elliot wave Analysis # NIFTY 50

2021년 8월 16일

After the Nifty 50 Index made a low in April '21 at 14151.4, the index has been rising as an expanding impulse structure with four waves likely complete at 15510.
Based on various Fibonacci ratios, we would expect an end to this expanding impulse soon, perhaps near 16600-16900 as possible reversal zone.