nifty 50 day chart technical analysis with time bar & elliott wa

nifty 50 day chart technical analysis with time bar & elliott wave cycle. as per chart it complted FLAT CORRECTION PATTERN. if nifty will go up it must break its previous high , which possibilities are less at present. but nifty can retrace at least 38% of wave C (Fibonacci ratio).
NOTE- As my opinioin nifty may comes at 18100 level in comming session