nifty weekly chart indicates uptrend near 6400-500 levels . but if that level will be 1st wave as indicated in green near recent high, then we may see long term bullish after fall in 3 wave which is ABC pattern near 2200-2500 levels and could be trading for the time period of atleast 4 to 5 years
Or that levels will be (X) wave as indicated in chart near recent high then we may see 1 year correction atleast in 5 wave near 2500 levels
and weekly volume is not participating with uptrend in price line so i think something wrong is there.
