Osurikiran

Osurikiran

On the daily chart, as per Elliott Wave analysis, price fell from 26,277 to 21,743 in a complex (W)-(X)-(Y)-(X)-(Z) correction. Currently in wave-(Z), a reversal is expected upon its completion, targeting a medium- to long-term move back toward 26,300

Osurikiran

In 15 minute price bars from EWP in recent uptrend it has completed waves (1),(2),(3) and now wave (4) has completed, wave (4) is complex W X Y X Z pattern witch is arrived in its wave Z now price need to go higher to form wave (5) its minimum price target is 23900

Osurikiran

Complex wave WXYXZ completed Next way should retress enter complex pattern Target 510

Osurikiran

Complex wave WXYXZ completed Next way should retress enter complex pattern Target 510

Osurikiran

Wave (4) completed , wave (5) target Target 1- 50390 Target 2- 49890 Target 3-49385

Osurikiran

Wave (4) completed wave (5) in progress Target1 520 Target2 534 Target3 545

Osurikiran Updated 

From Elliott wave principle it is identified Zig Zag correction ended at price 44444 and started forming leading diagonal pattern an impulsive price action labeled as Wave (1)/ Wave(A) now this wave also retraced by corrective price action of Zig Zag contained with in the parallel price channel labeled as Wave (2)/ Wave(B). Price on break above this parallel price...

Osurikiran

According to EWP the Banknifty index is forming ending diagonal wave wave 5 of ending diagonal is in progress of upward move on completion of wave 5 of ending diagonal bank nifty index, could see bearish wave count.