Nifty Projection for 5th Wave

View posted for Educational Purpose only and should not be interpreted as a proposition to buy or sell in any securities.

Wave 2 was simple zig zag so now wave 4 running in complex correction. Its consolidating since long time.

Wave 3 is extended to 300%+ of wave 1

Breaking this consolidation will take 5th wave to 0.618 fibonacci level 16800