If we are still in wave 2, then we still have "c" pending.
Under a Bullish Scenario: Or say market goin up, then war can see Nifty reachin target of also 5100, which i had posted on my earlier blog, where potential targets based on EMA and SMA were given.
Bearish Scenario: Inability to cross 4930 could mean, we could have started wave 3, whose targets are fairly lower, meaning some thing in range of 4500 or so.
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