#elliottWave #brightrally #brightrallyresearch #nifty #nifty50 #stockmarket #niftytips

Warning: NIFTY May Not Have Bottomed Yet for NSE:NIFTY by BrightRally_Research
Elliott Wave Overview: https://www.tradingview.com/x/kNkaDSPG/ NIFTY 50 (spot) is currently forming a corrective structure. There are multiple valid ways to label this chart, but this count is selected based on Elliott Wave alternation guidelines. Corrective structure is a normal flat. The index appears to have completed wave (X) at 26323.20, and wave (Y) is now unfolding. So far, wave (Y) has retraced approximately 78.6%, while a typical flat correction often extends toward 100% retracement …








