NIFTY a simple picture in daily time frame.

NSE:NIFTY   Nifty 50 Index
Have omitted previous 1st,2nd and 3rd wave of ongoing 5 th wave (1)
from last year.
Shown the consolidation of the 4 th wave and start of 5 th wave .
With in fifth wave there was consolidation in the 4 th wave.
Now we are in the 5 th wave of the final 5 th wave(1)
It should touch the upper end of the channel
and even break out of the channel.
How ever in monthly time frame target appears to be much higher.
It's been awhile since I have posted about nifty
My main concentration was diverted to bank nifty
dealing with which is not easy.
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