NIFTY_Elliott Wave Projections_ Short Term View

Here, I have tried to share nifty chart for a short term on 1 Hour.

Here, numbering could be tricky, the wave could be impulsive or corrective. However, I have shared the numbering for both. Considering the personality of waves, it looks like we are in wave 4 (correction) or it could be the start of new impulse who knows?

Possibility it could touch channel channel bottom line & reverse from there ..

Well all the best for your trade..