-As discussed yesterday Nifty confirmed wave 3 & today itself it gave retracement of wave 4
-From now on nifty at the time of closing Nifty gave very small bounce from 17779 which is where 38% level is
-We can assume that wave 4 is completed here & from tomorrow we are heading towards wave 5
-Target of wave 5 is 17919 also because our wave 3 was extended & wave 5 may get extended or not but it should atleast target high of wave 3
*If market breaks 17665 then this whole theory gets invalidated*
-From now on nifty at the time of closing Nifty gave very small bounce from 17779 which is where 38% level is
-We can assume that wave 4 is completed here & from tomorrow we are heading towards wave 5
-Target of wave 5 is 17919 also because our wave 3 was extended & wave 5 may get extended or not but it should atleast target high of wave 3
*If market breaks 17665 then this whole theory gets invalidated*
