![](http://cbkhasiya.com/wp-content/uploads/2021/04/26April2021_1hour.png)
![](http://cbkhasiya.com/wp-content/uploads/2019/08/5Aug2019_2hour.png)
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Nifty Elliott wave analysis for 5th aug 2019 onward
Here in this 2 hour chart we are showing move from 11981. most probably wave (iii) of [3] is completed at 10849 and wave (iv) retracement levels are 11051-11176. from this resistance range nifty may decline 430-690 points. And if nifty breaks 11176 level comfortably with sharp bounce then its a different wave count which i have not given here because its a rare possibility.
Awesum analysis way ahead!!!