Nifty Elliott wave analysis for 4th Feb 2019 onwards

NSE:NIFTY   Nifty 50 Index
Irregular correction at from 10629-10987 is indicating bounce above 10987. And if Nifty trades above 11065 which is 123% projection of 10534-10923 then it can further bounce sharply towards 11700.
IF nifty declines back from 10987-11065 level then one more decline is possible towards 10584-10534.

Wave count of Pattern here(Left side of vertical line) can only be confirmed after short term moves gives us some indication.
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