Hi
In continuation to earlier analysis, Now the picture is getting clear.
Can see the 5 Wave structure as mentioned in the chart.
So currently, the last 5th wave is going on & the most it can go is upto 650/680 points for simple reason, the 3rd wave will not be the smallest of the 3 waves.
So we can assumes from the lows of 10300 approx we can have a maximum top around 10950/10980.
But there is a gap in between 10751 & 10827, so my assumption is this wave might get completed near these levels.
SL for this upside is at 10300, 30 Mins CLBS.
In continuation to earlier analysis, Now the picture is getting clear.
Can see the 5 Wave structure as mentioned in the chart.
So currently, the last 5th wave is going on & the most it can go is upto 650/680 points for simple reason, the 3rd wave will not be the smallest of the 3 waves.
So we can assumes from the lows of 10300 approx we can have a maximum top around 10950/10980.
But there is a gap in between 10751 & 10827, so my assumption is this wave might get completed near these levels.
SL for this upside is at 10300, 30 Mins CLBS.
