Elliott Wave & Technical Analysis for Nifty

Global liquidity flows , probable current a/c deficit to go down with Crude & Gold prices, and Interest rate cut probability on low inflation data , help maintaining the Trend on Upside . Now further -

Nifty Update

Check out the charts updated from last week's post with observations .

Elliott Wave & Technical Analysis for Nifty

Was not able to update a new post last month but observations in the comment section of last post held good to capture the reversal from 5477 bottom above crucial 5550 level then. We have done the 5960 target as mentioned. Now further-