The ferocious Wave (a) completed at 7610 from 12080 for 21 days, now the recovery wave(b) under process in ABCDE pattern,
if tomorrow closing more than 9134 (trend line resistance 9200) we have more uptrend.
So watch for tomorrow(Monday 13th april) and trade accordingly
Our final target will be 50% of the total fall(9845 on april 24th)
Alternate count:
In case if nifty closes above 9200 on april 15th, next day nifty will rise to 9845 or more than 61% of the fall 10372.
if tomorrow closing more than 9134 (trend line resistance 9200) we have more uptrend.
So watch for tomorrow(Monday 13th april) and trade accordingly
Our final target will be 50% of the total fall(9845 on april 24th)
Alternate count:
In case if nifty closes above 9200 on april 15th, next day nifty will rise to 9845 or more than 61% of the fall 10372.