End of wave 4 on minute degree and start of wave 5
As labelled it seems like minute wave 4 has taken a form of zigzag whose minuette wave C target of 100% extention of minuette wave A is achieved post which we have even taken out sub minuette wave 4 pivot high of 19233.
Going ahead we can see this minute wave 5 taking price to 20500 odd levels.One should look to go long on a dip towards 19200.
Disclaimer:This are just my views on the index,no position should be taken on its basis,posting this just for my future preference.
Going ahead we can see this minute wave 5 taking price to 20500 odd levels.One should look to go long on a dip towards 19200.
Disclaimer:This are just my views on the index,no position should be taken on its basis,posting this just for my future preference.
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