NIFTY: 5 waves impulse completed in 24854 ?

#OPINIONLEADER# #NIFTY# #ElliottWaves#

Market Commentary:

1. This is an update for the previous analysis what i shared here.

2. Exactly the wave 5 of (5) completed in the zone 24900 zone. I expected previously to 23900 zone.

3. I am expecting a reversal means correction for the whole 5 impulsive waves to 16K i.e,38.2 fib retracement for the whole bull trend.

4. Mind this ..this analysis in a weekly TF...so it will take more time and we are in correction too.

DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS