Nifty

If any of you are under any DOUBT or MISNOMA about what this chart represents.... Think again. This market is headed for the MOON. I have repeatedly said this for the past 6-8 months. Yes we will get our pullbacks which should NOT BE Misconstrued as a CRASH for Gods sake !!!!! I have given you guys the alternate wave count as 2/A... representing a ( possible) 5 wave decline), yet it MAY NOT happen, as the price is above the BULL FLAG upper Trend Line. There is No doubt that the market is over stretched for now ONLY and a deeper pullback upto apprxx 18930 odd is possible for now. On the other hand ..... even though the market is over stretched...Shorts may be completely ABSORBED if price stays above 19670 zone ( hourly).. and will then head towards 20120 apprxx. Time is the ONLY essence I understand very little about and hence even tough my ULTIMATE target of 39142-50 stands firm, I cannot Project as to when this will happen.