Nifty: Wait & Watch

Confusion on Wave count :

Either Nifty is in last wave 5 of ABC correction -- means it will end around 7550 or below !!

Or We are in wave 2 of wave 5 on up side -- meaning ABC correction already over at 7550 !!

7550 -- remains a buy on downside, if it comes !!

Biased View: Wave 5 has already started on upside -- remain long after wave 4 ABC correction over !!