NIFTY50.....Time is on our side!Nifty 50 IndexNSE:NIFTYruebennaseHello Traders, the NIFTY50 rose 331 points 'til the end of the week. A final sell-off hasn't started yet; but I am anticipating it. Chart analysis: Since the low of 24337, the NIFTY50 has risen by 465 point, peaking on Tuesday the 12th. The chart leaves behind a difficult to assess pattern. Either we have seen the end of waves (iii), pink, or the start of a wave c/y with targets much lower in the coming weeks ahead. With a wave (iv), green, coming to an end, the next move should be to the upside with potential for a new ATH in the coming weeks. My long term favored price target @28905 is still valid! The bears need to watch, if wave b/x has ended, and a waves a-b-c are still in progress! In any case! The wave structure is not clear to my view, and maybe the coming week will clear the focus we need to have! Seasonally, the time has come for correction for the coming 8–10 weeks, but the stock marked is not like a "Christmas wish list"! So, I recommend staying at sideline, as I did many times before. That is the time, where we all can crash our trading account! We all need to wait for a clearer structure at the chart and if we can catch one impulsive move, we will be there and take the chance to do so! For the coming week I will check the chart daily, and I will update, if something important happens! Have a great week..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.