I was wrong, it seems like my expectation of 26750 zone was already completed on 28 feb itself around 26764. looks like wave truncated there. Its always a bit tricky when it truncates. I should have analysed it bit better. Fortunately there was not short set up. Its a good rally today
Midcap and small cap Mutual funds which were showing losses, have come in profit .I expect small and Midcap stocks to lead the next upmove because this sector which was beaten down have started recovering.