Nifty seems to have completed a Running Flat pattern with a 5 subwave in Wave C and has broken to the upside. I am looking for a Trend continuation to the upside with a target at 9660 as long as the lower channel of the 240 trend line is not broken.
Also, there is a hidden bullish divergence on the MACD which supports the bullish view.
Also, there is a hidden bullish divergence on the MACD which supports the bullish view.
