NIFTY how much correction ahead?

this chart shows the retracement of wave 3 of wave 5 final wav
exactly nifty has retraced 0.236 percent of wave 3
even positive earnings did not move bajfinance and titan up
normally these things happen during 5 th wave .due to high valuations stocks don't turn up
and down grades from rating agencies
Normura then today by Morgan Stanley
technically one wave up is pending.
still some corrections left it appears

Kommentar:

normally wave 4 retraces 0.236 to 0.386 percent of wave 3.
here earlier corrections were not deep so how much nifty corrects let us see.