Nifty very beautifully jumped up yesterday and spent rest of the day consolidating in minute sub wave iv of (iii) of v of III. Possibility is today it may go up again in wave v of (iii) to near 5850 range. Yesterday's sub wave iv was flat and the 5 wave decline in wave c was complete in 5 min chart.
Nifty daily chart with Elliott wave label:
Nifty hourly chart with Elliott wave label:
Nifty 5 min chart with Elliott wave label:
Nifty hourly chart with 9,14 RSI & 35 D:
Nifty daily chart with Elliott wave label:
Nifty hourly chart with Elliott wave label:
Nifty 5 min chart with Elliott wave label:
Nifty hourly chart with 9,14 RSI & 35 D:
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