padiyara
Long

NIFTY: On crossing 8109, the expected level is 8350.

NSE:NIFTY   Nifty 50 Index
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1
I was assuming that the current down fall is c leg of an irregular abc .
I had many target including 7982, but it finally end somewhere at 7893.
I think that a bigger irregular ABC is in progress for a target near 8350.
My conviction is stable with the indicators showing a divergence and is positive now,
While I know that the broader market is fearsome and indecision prevails.

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I expect Nifty to reach 8200...
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