Made high@791 -post that had an aggressive fall to lows@698. So if it continues down below 698-there is short side opportunity & going below 680- It will confirm that it is early in 3rd wave & shall be in bears command.
Fall from 895 to 680 has been taken as wave-1. Retracement to highs@804 is wave-2 & going below 680- likely it shall be a wave-3.
What Next post beautiful 5 waves down
Top@895- Is this the end- click the chart
Keep a watch if Auro starts moving below 698.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ