persistenttrader
Long

NIFTY potential long trade in development - target 9000+

NSE:NIFTY   Nifty 50
From 8002, NIFTY             (NSEI. NS             ) has completed 5 waves with extended wave-1. Wave-A of the correction is over. wave-C should end in wave-2's price range. I will initiate long with SL below 8170. Target will be above 9000 (will try pasting a picture from higher timeframe for target).

Thanks for reading.

I will appreciate your comments with encouragement and criticism. Please do comment if it makes sense or sounds completely wrong to you!
Here is the daily chart showing potential target from 8002:
snapshot
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