Nifty in 5th bullish Elliot wave till June 2018 or may be even further
Based on a time frame of 5 years or more, Nifty looks to be in 5th bullish Elliot wave.
The 5th wave started from 6800 - 6900 levels during February 2016.
This bullish 5th wave may continue till June 2018 with corrections in between. It might even continue farther than June 2018 but then, tops after this period should be observed cautiously.
Disclaimer: It is just an analytical observation and in no way should be Perceived or Portrayed as an absolute Fact or Statement.
The 5th wave started from 6800 - 6900 levels during February 2016.
This bullish 5th wave may continue till June 2018 with corrections in between. It might even continue farther than June 2018 but then, tops after this period should be observed cautiously.
Disclaimer: It is just an analytical observation and in no way should be Perceived or Portrayed as an absolute Fact or Statement.
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