Today I am preparing all time frames Elliott Wave analysis report of Nifty. I was not updating longs term wave counts of Nifty because there was lack of clarity but thought of updating today as last long term analysis report I prepared 06 months back on 05 Jan 2016.
This analysis report will cover all time frame wave counts of Nifty, medium/long term outlook of Nifty and some important points useful for Elliott Wave Theory learners. So, let’s start with monthly chart.
As we know, Elliott Wave Theory is a never ending wave’s cycle starts from the birth/beginning of any financial script. Nifty born in 1995 and we need to see chart covering move from 1995 for Elliott Wave theory analysis and move from 1995 can be seen only on monthly chart. So, let’s start from the beginning.
Read more at http://sweeglu.com/elliott-wave-counts-of-nifty-for-all-time-frames-as-on-18-july-2016/