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Nifty time study - Educational series 4

NSE:NIFTY   Nifty 50 Index
Hi All ,
This is just time study and not the price target/ level study.

Considering Nifty weekly chart , Aug 2013 is main starting Anchor point I have considered:

Following are longer time observation

Aug 2013 (low) - March 2015 (high) - 79 bars (i.e weeks)
March 2015 (high) - September 2016 (high) - 79 bars
Sep 2016 (high) - 12-19 March 2018 (My assumption , New All time high) - 79 bars

Following are shorter time observation

Feb 2016 (low) - September 2016 (high) 27 bars
Feb 2016 (low) - December 2016 (low ) 27 x1.61 = 43 bars
Feb 2016 (low) - june/july 2017 (low , My assumption ) 27 x 2.61 = 70 bars

Following are very shorter time observation

September 2016 (high) - December 2016 (low ) 16 bars
December 2016 (low ) - March 2017 (high , My assumption) 16 X 0.61 = 10 bars
December 2016 (low ) - June /july 2017 ( low , My assumption) 16 X 1.61 = 26 bars

Please Note : The future time projections low /high which I have mentioned are my assumption. So it can be wrong.

Disclaimer : This not advise for investing ,Consult your financial adviser before investing.
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