piroykamdar

piroykamdar

Wave B of 4 Seems to be completed now. Wave C downward should resume now.

piroykamdar Updated 

Possible that Wave B of 4 must have ended.

piroykamdar

Triangle within Triangle

piroykamdar

Updated Latest Wave counts, think wave(ii) as triangle completed, expecting deep move down for wave (iii).

piroykamdar

End of wave B seems to be completed. There may be one more push up, probability is less but possible. (15550 is test). Wave C of 4 can be expected to be around 14800. If Wave C is extended then likelihood to max around 14000. Going way beyond 14000 puts Wave 4 in question.

piroykamdar

Recounting of waves needed. Added new Counts. Overall ABC - 3 wave structure seems to short to Conclude end of Larger Wave 4 Correction. Hence Marking it A of wave 4. The Steep rise may be a wave of B or B itself.. Let market decide.. waiting it to be completed. Larger Trend still corrective to resume once B wave structure is clear.

piroykamdar

updated wave counts for Wave C.

piroykamdar

There is a likelihood that 3rd wave of 3rd has been completed and a small countertrend is expected. Wave C not yet completed, still room for downside appears..

piroykamdar

Wave B Now seems to be completed and Wave C for ABC Correction is started as expected. Lets see how the wave further shapes up.

piroykamdar

b wave of Correction ABC almost near completion. Wave C to be strong downside most likely till 14800 to complete wave 4

piroykamdar

Test Is 15524 level..Below it we can witness 14900-14800 levels.

piroykamdar

Very narrow save for subwaves 2, good direction towards wave C intact but will take longer time now.

piroykamdar

Wave C (5 waves), 3rd wave in progress

piroykamdar

Looks Like End of Wave B Pattern, Wave C most likely to reach the end of Previous Triangle i.e close to 14800 levels. P.S. -- This is Educational purpose only, trade wisely..

piroykamdar

End of Wave B nearing