Nifty Elliot Wave Analysis

As per my previous analysis nifty couldn't give us closing above 8590 and it rewarded us Handsomely Markets did respected our lvl and gave us down moves of 300/250 pts Twice.
You can refer back to my post for the same 

As Per Elliot Wave analysis of Intraday (hourly) Market Chart we are all set for the fall for 
WAVE 3 to emerge upto 8280-8250-8228 
The stiff resistance lays @ 8555-8565 
So trade can be initiated for small stop of 35pts and have tgt atleast 100-150pts
Risk/Reward 1:3

Now we are at a very CRUCIAL JUNCTURE in Nifty & Again need the Road-Map for future Direction with the help of Elliot Wave Analysis we can full-fill it most of the time.

IF Nifty Manages to close above 8600lvl (alternate count scenerio)

As Per My Latest Analysis of Price Action:-

After today's move 14/08/2015 a very high probability has come to the picture that we ended with

(e wave)in B(Triangle)  now ON-Starting with Wave C for which we can Travel upto 8870-8970

This analysis will hold true if NIFTY manages to hold ABOVE 8600.

In Times like these one has to be patient enough for the outcome we should be waiting before pulling the trigger will watch the PRICE ACTION FOR THE COMING WEEK WHICH WILL DEFINITELY GIVE US MORE CLARITY & LOOK FOR BREAKOUT FROM THE TRIANGLE, LEVEL TO WATCH OUT IS 8600 ONTO CLOSING BASIS FOR NIFTY SPOT IF HAVING A CLOSING ABOVE THIS IN NEXT WEEK WE ARE HEADING FOR ABOVE MENTIONED LEVELS.