In this long-term monthly chart, I’ve applied Elliott Wave Theory to map out a classic 5-wave impulse pattern in the Nifty Midcap 100 Index. ✅ Wave 1–2: Initial breakout and healthy correction post-COVID lows. ✅ Wave 3: Strong, extended uptrend—typically the most powerful wave. ✅ Wave 4: Complex sideways correction, holding above prior Wave 1 highs. 🚀 Wave 5...
