Nifty – I have given the main count in blue where we are in the last stages of completing the corrective wave 4. However presently within this correction, we should have a pullback today
We should therefore correct another 100-150 points from current levels (BUT NOT BEFORE THE PULLBACK TODAY).
19150 looks like a reasonable bottom AFTER the pullback.
From 19150 we should resume the bull run again
NIFTY Opening On 4th August 2023