{"symbol":"NIFTY","slug":"nifty","name":"NIFTY 50","group":"World indices","asof":"2026-11-06","price":25030.35,"scale":"log","headline":"cycle IV complete at 22,179.90, cycle V up","trend":"up","swing":"up","invalidation":22179.9,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"cycle IV complete at 22,179.90 (double three, also readable as a running contracting triangle)","structure":"","next":"intermediate (3), minor 3 and primary 3 toward one zone 25,062.22-25,096.70, minute iii toward 25,292.13; minute iii holding above 24,388.10, minor 3 above 23,700.80, intermediate (3) above 23,000.25; invalidated below 22,372.00; later V zone 35,786.65-38,385.93, window 2027-01 to 2030-05","window":null,"invalid_if":{"price":22179.9,"direction":"below"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"up","wave":"cycle V up from ₹22,179.90 (2026-10-08), in progress","target":{"low":35786.65,"high":38385.93},"invalidation":22179.9,"window":{"from":"2027-01-01","to":"2030-05-24","likely_from":"2027-07-18","likely_to":"2028-10-30"}},{"timeframe":"Weekly","degree":"Primary","direction":"up","wave":"primary 3 of V up from ₹22,372.00 (2026-10-23), in progress","target":{"low":25096.7,"high":null},"invalidation":22372,"window":{"from":"2026-11-09","to":"2026-11-09","likely_from":null,"likely_to":null}},{"timeframe":"Daily","degree":"Intermediate","direction":"up","wave":"intermediate (3) of 3 up from ₹23,000.25 (2026-10-30 14:00 IST), in progress","target":{"low":25062.22,"high":null},"invalidation":23000.25,"window":{"from":"2026-11-10","to":"2026-11-10","likely_from":null,"likely_to":null}},{"timeframe":"Hourly","degree":"Minor","direction":"up","wave":"minor 3 of (3) up from ₹23,700.80 (2026-11-04 09:15 IST), in progress","target":{"low":25066.95,"high":null},"invalidation":23700.8,"window":{"from":"2026-11-06","to":"2026-11-10","likely_from":"2026-11-06","likely_to":"2026-11-10"}},{"timeframe":"15-minute","degree":"Minute","direction":"up","wave":"minute iii of minor 3 up from ₹24,388.10 (2026-11-06 09:15 IST), in progress","target":{"low":25292.13,"high":null},"invalidation":24388.1,"window":{"from":"2026-11-06","to":"2026-11-08","likely_from":"2026-11-06","likely_to":"2026-11-07"}}],"answer":"NIFTY 50 (NIFTY) Elliott Wave count at the Nov 6, 2026 close (price 25,030.35): the called count is cycle IV complete at 22,179.90, cycle V up. It is invalid below 22,179.9. On the daily chart, intermediate (3) of 3 up from ₹23,000.25 (2026-10-30 14:00 IST), in progress, targeting 25,062.22 (invalid below 23,000.25).","markdown":"https://elliottwaveatlas.com/markets/nifty.md","history":[{"date":"2026-11-06","price":25030.35,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-11-05","price":24536.6,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-11-04","price":23960.6,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-11-03","price":23810.85,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-11-02","price":23440.8,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-30","price":23053.1,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-29","price":22936.75,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-28","price":22698.85,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-27","price":22749.75,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-26","price":22753.2,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-23","price":22600,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-22","price":22687.65,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-21","price":22811.35,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-19","price":22888.95,"status":"held","headline":"cycle IV complete at 22,179.90, cycle V up"},{"date":"2026-10-16","price":23146.15,"status":"new","headline":"cycle IV complete at 22,179.90, cycle V up"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}