Wave 2 Complete? Nifty’s Next Elliott Wave Breakout
Oct 15, 2025
Elliott wave is GPS of the market that shows probable path that prices can follow. It also provides strong forecasting ability right from short to long term forecasting.
Below is the chart which shows a detailed path of Nifty which we discussed in our past weekly webinar held on 11th October 2025 with 1000’s of participants.
Nifty 15 min Chart: Anticipated as on 11th October September 2025
Nifty 15 mins Chart: Happened as on 15th October 2025
Happened as on 15th October 2025
Nifty has been moving precisely as per our expectations. The index recently witnessed a minor corrective dip, which we identified as wave (2) even before it actually happened. Importantly, as anticipated the Index managed to protect key support of 25046 levels on the downside and reversed on the upside. Post which in today’s recovery the Index saw a rise of more than 265 points and achieved our given targets of 25156 levels.
Prices have retraced it’s the entire prior leg in a faster time frame confirming the that the wave (2) has completed on the downside and wave (3) has started to unfold on the upside. This is power of simple Elliott wave Theory!
The entire move in both the direction was anticipated way before it started in our past weekly webinar.
In a nutshell, Nifty has been dancing on the tune of waves and one can expect this move to continue as long as 25150-25200 remains intact on the downside.
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