start of wave a & was expecting a target 8066 & 7982. But now its wave C is almost concluding at 8154.45,
and the retracement is more the 62% of c , also the price moved above the 4th wave of c, it is assumed
hat the correction is over and we are now in an uptrend either wave iii or C if the wave start from 7916 is ABC .
If the above is correct we can see 8489 & even 8696
(Please read it from a learner perspective)
wave (c) is still progressing,in that case the earlier
count will resume,for a target minimum 8080 length of
the bottom trend line is a crucial support around 8150.
I am also keeping a similar alternate count, please look the blue labels in my chart, but i was giving preference to 123,
only like an impulse with in a correction move.
I was away& not at my dUsk now. Preparing for a small vacation.