At this moment nifty displaying strong upside momentum and as per Elliott wave count it has created a confusion about completion of wave 4. The analysis suggests that we are going through an irregular ABC correction in which we are in wave c position of the primary wave B which should complete in the harmonic confluence zone 18180-18202. This wave personality suits with wave c as it is known as an impulse but not of 12345 characteristics…It generally convert sellers into buyers and then a brutal sell off starts completing wave C as well as the wave 4. Hence one should look for a shorting opportunity on the marked zone for a great RR trade opportunity.