INP- MSCI INDIA ETF- B-Wave Triangle About to End
It's an A-B-C sequence for the India ( MSCI ) where the B - wave is a triangle which is close to finishing its triangle shape & correction could unfold for the & shall be confirmed once the swing low@53 gets broken -in that case Index shall be heading down in a C - wave of the structure.
Target for C-wave could be 61.8% of A-leg, which comes in the zone 14-15
Abhishek H. Singh, CMT
Last Price- 66.14
Got a big red candle to start downside