Nifty Elliot Wave Analysis : New Bull Run Started ??? Or Sell on Rallies ???

Dear All,
                       Nifty made high of 6335 Nifty spot quite close to what we made in 2008 .......

Every body is now talking of new bull run ..........but what pattern suggest is altogether a different story .

We Might have complete 1-5 pattern and can now go down in Form of Abc or complex correction .

Kindly chk chart

                                                              Target on downside

We prefer sell on rallies till we get weekly close above 6350 Nifty spot



Thanks & Regards
Abhay Mehrotra