Nifty SmallCap 100 Elliot Wave ViewWave 2 of 3: This corrective wave occurred between September 2022 and March 2023, lasting approximately 28 weeks, as highlighted in the chart.
Wave 4's Progression: The recent peak in September suggests symmetry in the cycle, mirroring Wave 2's timeline. If Wave 4 matches Wave 2 in duration (around 28 weeks), the current upward movement could still be part of the corrective Wave 4 rather than a new impulse wave.
Time Symmetry: Considering the reverse channel projection and the similarity in duration with Wave 2, March 2026 emerges as a potential time window for the commencement of Wave 5 of 3, which could lead to a significant breakout beyond the current range.