Nifty Side ways

On a 15 Min Time Frame it looks like nifty has completed wave 3 and entered in wave 4 of ongoing Impulsive move and now it could consolidate and spend time in between 16900 to 17200. Wave can be a Triangle or a complex correction... After completion of wave 4 around and 17200 Nifty may again slide towards 16600 to comple wave 5..
Wave Analysis

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