Nifty charts show presence of a Head and shoulders pattern as well as a bullish Wolfe Wave.
The H & S, which would target 5200, is shown in the chart below.
The Wolfe Wave (WW), which targets above 6020, is shown on the charts below:
Readers may choose their pick with strict SLs. My bias is towards WW, for which, I will have a mental SL of 5545 for the time being.
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