Nifty Internal Wave Structure

*Nifty's Triangle Breakout confirmed on hourly chart.

*Earlier Indicated corrective leg has completed.

*The Internals are marked as (a) - (b) - (c) - (d) - (e).

*Wave (a) - (c) and Wave (b) - (d) trend-lines are meeting the rules perfectly. 

*Retracement Rules and levels are matching each other. 

*Immediate Supports are placed at 5180[Wave (e)] - 5130[Wave (c)].

*Initial possible targets are 5500 and above 5630 levels. 

*Unless Violation of 5180 - 5130 levels our count remains same. 

## Make Note: Our earlier wave forecast (Given around 5500) attained the target band of 5170 - 5100 and the opportunity around 360 points.