Nifty Elliott wave count

Dear All###

See the probable Elliott wave count for Nifty spot for your Study Purpose.

Counts may be wrong,i.e this is the tendency of Elliott wave studies that

Short term fractal counts and forecast is the tedious job for most of

experienced elliott wave Analyst. Elliot wave Like a child whose get

feels better and acts  better with experience and exercise with brains

in course of TIME.You can't  predict or forecast the future

 perfectly of every child out of 100 children of same age.That

means like child,waves are predictable in course of time but not

at early stage or age.So You may not conclude that these wave counts

are right and Nifty is in  bullish.

Let us see the Short term Elliot wave counts of Nifty Spot hourly chart.

This chart counts holds good if Nifty spot go above 7965 and  without breach 7517.

Alternative bearish count may be W-X-Y-X-Z for target of below 6825.

Note-This Elliott wave count is for Educational Purpose only