anilpune

Nifty -Elliot wave count. -Time to save capital for 2019 June.

NSE:NIFTY   Nifty 50 Index
Nifty is in wave 4 correction , Wave 4 is most difficult to trade and analysis. This is usually a long correction/time consuming .
There are 2 possibilities in wave 4
Diagonal or irregular flat
my thinking is irregular flat or complex correction

Normally Nifty should reach 9950 as normal correction but considering B wave was zigzag, correction should end before 10000.
New trend will only start in 2019 and this is time to save capital for June 2019.

levels are on chart

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