Nifty Elliott wave analysis for 6oct 2020

Nifty needs to break below 11441 in quick time if it completed its wave (v) at 11578 and 11383-11181 are immediate targets because extended wave (v) retraces 100% in quick time.
But it nifty crosses 11578 without breaking below 11441 then we will consider wave (iii) completed at 11578 and wave (v) started from 11452.
Move from 11221-11578 is very sharp and steep with two gaps so there is a possibility that it is wave (iii) completed at 11578 not (v).
Let market to decide and our work is to watch out important breakeven point 11441.
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