I think wave b is over. Wave c has started.

NSE:NIFTY   Nifty 50 Index
I think today's high completed c of y of b . Wave C has already started . It has given a clear cut 5 wave move for wave 1 . Has completed a wave 2 . Now the wave 3 is starting . Note this can be a wave c of a ziz zag or a triangle . It wave c of a triangle expect to rest at 10455 , which will only be a wave c of a triangle b , means more choppiness for June and this will be a 3 wave move . If this is a wave C of a ziz/zag then it has a potential to go to 10250/10300. How do we find out the difference between these 2 scenario early on in the trend ? It depends whether wave a of the sequence whether it was a 3 wave or a 5 wave move . I have counted this as a 5 wave move of I expect wave C of a ziz zag .The speed and depth of the upcoming wave 3 will clarify the counts further . Regards

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