Back to Analysis
As per the earlier analysis, it cannot be a 4th wave because it is out of proportion- as this 4th wave retraced 78.6% approx distance of 2-3 wave & made a email@example.com -which is looking out of shape
So, I have changed my count to a-b-c wave where the b - wave made low@2. 665 & now it's looking till the zone 3.085-3.095 where
Trading Strategy -- Look for a pull back 61.8%, which can give support to NG@2. 730-2.75 for a rally upside- largely it should travel in the 3.085-3.095 where the c - wave will be equal to a-wave .
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ