update on my ew...

note: in the post 'general roadmap for nifty' below i had given x wave on daily chart. it is to be noted that the connecting x wave (after the c of first zigzag abc completion after the 5th impulse) cannot go beyond 5630 and may be even less than 5630.

if this happens to cross 5630 then its not an x wave and can become a larger B of a probable larger flat/sideways pattern (whose first leg is a zig zag, after the 5th impulse) .