nifty is at a very crucial movement.
till 16th sept, nifty will cross 18000 target. and till that time nasdaq, dow jones and s&p will also complete the 3rd wave of bull run(i will provide the link below of the same). after that a small correction(4th wave), and then the finally wave which will make the nifty to reach its highest point all time, and based on the trendline(the highest part of trendline).
the 5th wave will happen such because sectors like IT, METAL and PHARMA, will start recovering and will give nifty a bull run, which will cause nifty 50 to go up.
and according to market caps, large caps and blue chips almost gave there bull run, now its the time for small and mid caps.
i have drawn waves till end of this month