Nifty || 26th May 2022 || Falcon Trader || Daily Analysis

Nifty has moved towards the support area, one more attempt at this wave count as wave 4 is pending. A complex ABC wave with 3,3,5 counts in progress.

- Bounce Target 15900 then move upwards
- If we continue owing down then we are in 5th wave and we will still need wave 2 upside
- Target will be higher 16400 - one last attempt to break it and then nuke