Sensex and Nifty have most probably completed their 4th Wave downwards and this could be the 5th Wave. Generally 5th wave is quite fast. Both Sensex and Nifty should cross above their All time Highs and should be able to sustain above the levels for 1 week atleast. However caution should be maintained near their all time highs as chances of reversal would be possible. Incase our intial stand remains we could see the sensex anywhere between 9300 to 10300, but most probably between 9450-9550. Nifty could be up to levels between 2930 to 3330 But most probably between 2875-2925. This upmove if there may take about 3 months to complete
Regards
Regards