CRISIL seems to have completed the correction at least for a shorter term. Wave counting is clearly mentioned on the chart. I request you not to get confused with Wave 2 as it is lower than the initiation point of Wave 1 but visible in Candlestick Chart. As the correction of Wave 2 have been really sharp ie. It was completed in 8 Days with 609 Points of Up move,...
Nifty finance is looking weak.
The Relative strength is showing bearish divergence. Among finance, Kotak is the weakest in terms of Relative strength NSE:KOTAKBANK and ROC.
