NIFTY: wave analysis and prediction on live price.

Someone new to Wave-Counting might be a little confused. OR a lot confused.

Here's what I'm trying to explain: I have these 3 Correct Wave-Patterns (ABC) that are bullish.



You'll notice in the chart below that another higher price ABC.


An easily can recognize that impulsive sub-waves (1,2,3,4 and 5) of the higher degree of waves A and B.



At this time, Nifty is trying to complete ABC's corrective pattern of wave 4(of the higher degree of wave C). The price looking for a new high.

You can understand this by looking lower TimeFrame of the ABC pattern.




Another reason for the upcoming new high in nifty is that, the measurement of wave A=C.



The validation for this pattern requires more analysis.