previous rally from 4628.
Now the shortened 5th wave rally namely X Corrected exactly 50% at 7893.
We are in a critical juncture at least for a week.
the chart clearly explains what to do next
first target of wave 5 is 8203,8160,finally 8085.
if nifty gets support at 8085(previously it was 8025),buy .otherwise if it brokes 8085 more pain
season begins .if 8431 crossed we may have extention of a wave till 8685.lets wait and see
8025 is the level where 5 wave has to end for upcoming bull run.as per Elliot theory if wave 5 extends that mean goes below 8025 we may see a free fall
Thanks for your query
Thanks for response , Since I don't follow Elliot ,Can you throw some light on What's the target below 8025 ? ( in case if it breaks below it )
7893 first target