Nifty 8 Days Cycle : A fractal of Bi-monthly (Rejoinder 1)

 Let us try to study broad views with fractals

Nifty BiMonthly (Last candle in progress June 2016)

http://lalitlk-lalit-lk.blogspot.in/2016/05/nifty-8-days-cycle-fractal-of-bi-monthly.html

Rectangle marked in red is being studied with fractal of 8 DaysCycle :

To my novice eyes, it is more of a,b moves rather than conventional Elliot waves . More observations in chart.