NIFTY 50 DAILY UPDATE - PROJECTING WAVE 5

已更新
Hello, Just zoom out daily chart you can clearly see wave 3 is extended.
Elliot wave -
The Guideline of Equality says that two of the motive sub-waves in a five wave sequence will tend toward equality, which is generally true of the non-extended waves.

This means that, when Wave 3 of an impulse wave is the extended wave, Wave 5 will approximately equal Wave 1 in price. This is useful for potentially projecting the end of Wave 5 in an impulse if you recognize Wave 3 as an extended wave.

According to this guideline Nifty 50 wave 5 Target is - 26203.
注释
Target updated - 26230
注释
We almost achieved the target
交易结束:到达目标
achieved target
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