Nifty appear to have completed wave 'ii' correction of the upmove as a flat.
Wave 'a' was a double zigzag (3-3-3), 'b' was a simple zigzag (3) and 'c' was an impulse (5) completing near 2 x a = 2 x 15.35 = 30.7 [5159.9-30.7 = 5129.2, at 5129.45
Wave 'a' was a double zigzag (3-3-3), 'b' was a simple zigzag (3) and 'c' was an impulse (5) completing near 2 x a = 2 x 15.35 = 30.7 [5159.9-30.7 = 5129.2, at 5129.45
|
|
Wave start
|
Wave End
|
Length
|
Ratio
|
Alt
|
|
|
1
|
5095.55
|
5131.4
|
35.85
|
|
|
|
|
2
|
5131.4
|
5120.8
|
10.6
|
0.295676
|
|
|
|
3
|
5120.8
|
5158.85
|
38.05
|
TRUE
|
58.0053
|
5178.805
|
|
4
|
|
|
|
|
|
|
|
a
|
5158.85
|
5143.5
|
15.35
|
|
|
|
|
b
|
5143.5
|
5159.9
|
16.4
|
106.84%
|
|
|
|
c
|
5159.9
|
5144.55
|
|
24.8363
|
30.7
|
|
|
|
|
|
|
5135.064
|
5129.2
|
|
|
5
|
5129.45
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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