this is weekly chart from 2001-till date , but u can see 5 wave pattern completed near 6300 level , A wave is near 2600 & B wave--5180 so i am waiting for C wave at lower level means near 4500 or 3600 then pattern will be completed. so every fall opportunity to buy
this is daily chart of nifty suggests ---after 5 & ABC wave pattern completed indiactes new trend will begin for long term means ( any fall from higher level ,its opportunity to buy )but i think at this time Rising trend line is much more sufficient at this levl ( 5180-5300)its time to FALLLLLLLLLLLLLLLLLLL