29th Aug
That was a wrong count. There was no buying at the support zone in the earlier count. Hence. here is the alternate count.
Wave II in progress heading near 61.8% retracement level and expecting the correction to end there. Confirmation of end of wave will be good buying interest at that level.
It is usual for stocks to retrace 50 to 61.8% or it may just end near wave 4 of lower degree, which is near 44.
20th Jul
On a very Bullish count running Wave 3 of Wave III !!
93
101
123
That was a wrong count. There was no buying at the support zone in the earlier count. Hence. here is the alternate count.
Wave II in progress heading near 61.8% retracement level and expecting the correction to end there. Confirmation of end of wave will be good buying interest at that level.
It is usual for stocks to retrace 50 to 61.8% or it may just end near wave 4 of lower degree, which is near 44.
20th Jul
On a very Bullish count running Wave 3 of Wave III !!
93
101
123
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