The move from 12790 to 13035 was a motive wave .. Yesterday, Nifty
commenced its corresponding corrective wave and the same unfolded in a 3 wave pattern, suggesting that the pattern would end up as a flat/extended flat correction
.. Wave A of the pattern appears to be complete .. Expecting Nifty
to open gap up on Tuesday ... Depending on flat/extended flat correction
would reverse from either 13035 or 13065 levels with targets as 12915 and 12885 respectively .. From there, the bull run should continue .. Watch out for important time zone of 1220 and 1255 hrs
.. Support and resistance
for the day has been marked on chart.