Nifty seems to be making a triangle in wave 4 since it is not giving a clear cut impulsive decline. The triangle still has to make waves d and e so it is not complete . If we dont see an impulsive decline that first breaks the red trendline and then the end of wave A then a triangle is confirmed . If broken then we may see an impulsive decline . Regards.
Expecting a small pullback in form of wave iv of lesser degree before the extended wave 3 resumes again .
all have to be in sync if the wave count is to be a high probability correct count .