02/01/2018 Nifty

Looks like 4th wave is in progress with its 38.8%  retracement at 10354. Wave 'c' in 4ht wave is subdivided into five sub waves.

i.   10538-10504
ii.  10504-10532
iii. 10532-10423
iv.  10423-10450(236.%),10465(38.2%) 10475 SL ?
v.   104xx-10354???