nifty intermediate top between 11366 to 11397 to 11 413

trade initiated @ 11375 nifty oct sell contract on 2 August 2018

Based on expected
nifty intermediate top between 11366 to 11397 to 11 413 (expected/imaginary values).

I have initiated trade as recent nifty top @ 11390 (real high).

For target 2500 points downside.

NIFTY Bear phase over on 13th Jan 2016

Nifty complex correction of wave iv is over on last working day i.e. 13th Jan 2016.
9112-5421 ; 3-3-2015 TO 13 JAN 2016
New bull run is in process...

Nifty 78.6% fib. ret. @ blue line... Trend Up, Target = 5885, S.L.=5555

NSE NIFTY 50

78.6% fib. ret. of previous downfall @ blue line... Trend Up, Target = 5885, S.L.=5555

Elliott wave trend for Nifty MAY 2012

Nifty mid term view!

Nifty correction complete

Updated view on NIFTY Benchmark index: BULLISH
Last correction type: W X Y with retracement near 38.2%
Where w = zigzag ; y = zigzag ; z = flat
Flat is 3 3 5 but i m  counting this as 5 3 3

Combination correction pattern is similar to pattern formed b/w 8 nov 2010 to 19 dec 2011

Nifty 13 sept 2011 intermediate view

Respect elliott wvae priciple.
Respect the channels..

Respect Fibonacci Ratios...Say Golden Ratio...

I don't know why but i do prefer channels & trendlines more than Fibonacci...
There r times when Wave principle itself clashes with short term wave counts
say most elliticans r saying break of 4800 without any bounce is likely but my view is different as i don't wbnt to consider short-term wavecounts in front of wave principle.