break above trend line and starting to form 5th elliot wave next target is 11700 levels.
Hexaware forms and ascending triangle , target price 450-455 short term.
As per the elliot wave the current correction seems to be wave 4 with 1st wave starting in late Feb 2016 . As per Febonacci retracement NIFTY has almost retraced 38 % and can bounce back to form current levels to form 5th wave .
as per my first TA NIFTY should pull back to 9900 level.
