Broad Market Indices : Is End of WAVE 5?

Sector Having Bullish BIAS in T+3 Days
NIFTY' AUTO: 10,855.65, 0.30%
NIFTY' IT: 14,613.75, 0.06%
NIFTY' MEDIA: 2,916.30, 1.29%
NIFTY' METAL: 3,445.25, 1.16%
NIFTY' MNC': 14,675.95, 0.37%
(Data after 07th Aug 2018, NSE Website)

.... rest mentioned in Charts.

Comment:

"In spite of corporates witnessing a healthy 22 per cent revenue growth in the June quarter, most have seen flat margins, with airline and cement companies seeing declining margins due to rising input costs and crude prices, says a report."

Comment:

Made HIGH: 37931.42, 107 POINT BELOW MENTIONED 380038 LEVEL.
LAST TICK WAS 37906.27, Though OFFICIAL CLOSING 37887.56.
Considering that is Steam Left Limited to another 0.50%?

Let's See.

Comment:

Reached mentioned Level.

Take CAUTIOUS Approach.