Hello Fellow Traders,
This is my elliott wave analysis on Nifty 50 Index.
I am expecting nifty to touch 20500 in this 5th wave.
As per my learnings 4th wave is just completed on 18th Aug 2023;
if there is any room still to correct price can come till 18888 as wave 4 should not come in to range of wave 1 otherwise 5th wave journey is already started
once Price resumes it can reach till 20492.