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Nifty elliottwave analysis 26th aug

Nifty had a very volatile move since my last post.
Nifty elliottwave.

Lets see the currect structure.It did a abc fall ,The second option i discussed ,
But yes the c went and made a new low ,Making a Elliottwave structure namely
expanded flat.


This pattern suggests higher levels for nifty ,Inbetween dips can come but ,This pattern suggests a 
retest of 11200 atleast .Lets see how the price behaves.



This post first appeared on Rish Trader, please read the originial post: here

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Nifty elliottwave analysis 26th aug

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