Nifty 50 – Elliott Wave StudyNifty 50 IndexNSE:NIFTYcodeblooded Context A larger-degree A-B-C corrective structure appears to be developing. Wave A topped near 24,700, and Wave B unfolded as a sideways correction, subdividing into a smaller A-B-C-D-E pattern that bottomed near 23,075. Today's breakout above the descending trendline suggests Wave C of the larger structure may now be underway. This is a personal technical study shared for educational and discussion purposes only. It is not investment advice. Please do your own research and manage risk according to your own plan before taking any position.