Long-term bullish!Nifty 50 IndexNSE_DLY:NIFTYBatsman-EdwardMonthly view on Nifty gives indication that we are near end of wave #4. The concern is that wave #3 is not longer than wave #1. Which makes clear that wave #5 has to be shortest among #1, #3 & #5. So likely target range of wave #5 comes below 31000. Also it can reverse from below 28000.