Possible intermediate wave counts. If wave counts are correct we are currently in 'a'. Your suggestions and corrections are welcome.
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This alternate count of an intermediate wave can not be ruled out. Wave (iv) did not enter wave (i). Need to check how wave (iv) will be shaping up, if it is to come.
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Sorry for typo Need to see how wave (v) will come to play.
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nirav5
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Here we are going for corrective intermediate wave 'b'. Lets see till which level it travels upside. I am expecting C wave to be revealed on Monday.
nirav5
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Here we are going for corrective intermediate wave 'b'. Lets see till which level it travels upside. I am expecting C wave to be revealed on Monday.
WaveTalks
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Cheers- but corrective waves sequence are always tough. Yes likely 8080-8090 atleast which is close.
nirav5
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@AbhishekHSinghCMT,
Thanks.
nirav5
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@AbhishekHSinghCMT, Actually I am expecting some recovery in second half today . Monday can be crucial. It will be too early to go for the prediction lets see how it folds.
WaveTalks
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@nirav5, Possible gap could be filled but going above 8200-8205 only will change the game as 8200 is a very important level
estockmarket
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Hi,
As per your technical study, market will correct till 8100-8000 in Dec 2016 expiry, am i right?