Nifty correction may twist around 11150 to10650 for some time

Nifty is forming an irregular correction at top, currently in wave C of an abc started from 11760, in which wave(a) is completed at 10004 , and (b) is completed at 12103 and (c) is in progress. Wave (b) is less than 138.2% of a can make wave(c) equal to wave(a).
Internal correction may twist around 11150 to10650 for some time in abc or abcde, eventually the 5th of the c will correct to 10350 level.

Yorum:

Nifty support 10670 is probably the end of wave 4, this support was noticed in the market hours and in a hurry it was mention in comments session below.