I changed slightly -((iv)) also opened up as "a-b-c" structure
Likely we are very close to this complete impulsive fall of 408.60 -we shall look for sizeable advance -but it will be choppy as this could be B-wave & the fall which we saw from 408.60 could be A-wave
Divergence is clearly visible in momentum indicators.
A Trade with stop above 408.60
Got the b-wave in ((iv))-wave
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ