Nifty Wave V of 3 might still be pending

Pls refer to the index chart and not the futures chart

Looking at the support levels, I feel the last wave i.e. wave V of the larger wave 3 for nifty, might still be pending, nifty has taken support support at exactly 38.2% of the previous rally which is also come wave C = 2 * movement of wave A.

the next target upwards for for v = i is around 16000.


Keep watching!!!!