# NIFTY 50 (NIFTY) — Elliott Wave count, Nov 6, 2026

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).

Source: https://elliottwaveatlas.com/markets/nifty · Data: https://elliottwaveatlas.com/data/markets/nifty.json

## Called count
Cycle IV complete at 22,179.90 (double three, also readable as a running contracting triangle). Invalid below 22,179.9.

What comes 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.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↑ | cycle V up from ₹22,179.90 (2026-10-08), in progress | 35,786.65–38,385.93 | 22,179.9 | 2027-01-01 → 2030-05-24 |
| Weekly | Primary ↑ | primary 3 of V up from ₹22,372.00 (2026-10-23), in progress | 25,096.7 | 22,372 | 2026-11-09 → 2026-11-09 |
| Daily | Intermediate ↑ | intermediate (3) of 3 up from ₹23,000.25 (2026-10-30 14:00 IST), in progress | 25,062.22 | 23,000.25 | 2026-11-10 → 2026-11-10 |
| Hourly | Minor ↑ | minor 3 of (3) up from ₹23,700.80 (2026-11-04 09:15 IST), in progress | 25,066.95 | 23,700.8 | 2026-11-06 → 2026-11-10 |
| 15-minute | Minute ↑ | minute iii of minor 3 up from ₹24,388.10 (2026-11-06 09:15 IST), in progress | 25,292.13 | 24,388.1 | 2026-11-06 → 2026-11-08 |


## Recent changes to the call
- 2026-10-16: new — cycle IV complete at 22,179.90, cycle V up

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