SGX Nifty – Elliott Wave Breakdown & Short Setup (15-Min Chart)

9 de nov.

SGX Nifty is on its way to complete Wave C correction around 100% - 123% range at level of 25,670 to 25,725.
Thereafter SGX Nifty may turn to Sideways to Bearish...
Plan accordingly.

10 de nov.

Trade ativo

As expected, SGX Nifty has reached its 123.60% Level in Wave C.
We might see a Correction which is greater in Time and Price than any other correction in Wave C.

10 de nov.

Nota

🔍 Cautious Trades – SGX Nifty Update
SGX Nifty appears to have reached the 123.60% Fibonacci extension, potentially marking the top of Wave C. However, the last minor downward move within Wave C resembles a Flat Correction, not an Impulse, which suggests the wave structure may still be incomplete.
This opens the possibility for SGX to push higher, potentially completing Wave C at the 100% projection level instead.
📌 Watching the morning open for confirmation. Price action will reveal whether this extension holds or expands.