Either Nifty is in last wave 5 of ABC correction -- means it will end around 7550 or below !!
Or We are in wave 2 of wave 5 on up side -- meaning ABC correction already over at 7550 !!
7550 -- remains a buy on downside, if it comes !!
Biased View: Wave 5 has already started on upside -- remain long after wave 4 ABC correction over !!