SPX5000

Nifty Short Term EW Count

Long
NSE:NIFTY   Indice NIFTY 50
As per my primary count Nifty will complete the first wave next week somewhere around 10,200-220 region. Once completed I expect a pullback to the region of 100,50/9950 after which the wave 3 will take Nifty to at least 10,500 region.
My secondary count is even more bullish where Nifty is currently in wave 3 of 3 which started from 9955 level, in this case Nifty keeps extending without giving any significant pullback.Again target on upside is around 10,450.
Either way we are headed towards 10,500 and beyond with downside protected at 9950-9850 zone.

Good luck traders.
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