Wednesday, August 7, 2019

Nifty as of 7th Aug 2019

Bigger wave count - 

1.  12103-11625=478
2.  11625-11982=375
3.  11982->???

3.1 11982-11461=521
3.2 11461-11707=246
3.3 11707->10864(done?? 161.8%)/10665(200%) - looks like not done yet
                   New low 10783 made on 05/08/2019 - done now ??? - again looks like not done yet.

3.3.1 11707-11230=437
3.3.2 11230-11308=78
3.3.3 11308-10783=458(123.6%)
3.3.4 10783-11018
3.3.5 11018->10665(38.2%)/10556(50%)/10447(61.8%)

3.3.5.1  11018-10914=104
3.3.5.2  10914-10960
3.3.5.3  10960->10792(161.8)/10752(200%)/10688(261.8%)/10648(300%)



BankNifty -

1. 28162-27779=383
2. 27779-27999
3. 27999->27379(161.8%)/27233(200%)

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