Hi..
As we can see from the chart....
We have completed 1 to 3 waves for sure...
and now 4th wave has either completed today or might complete on monday.
after that expecting a drop till either 15850 or 15650 or 15550.
After these levels....we can expect a good rally in all the stocks and index....atleast till 16850.
But my view is we might test 18500 by year end... holding the 5th Waves low (can be a good SL).
As we can see from the chart....
We have completed 1 to 3 waves for sure...
and now 4th wave has either completed today or might complete on monday.
after that expecting a drop till either 15850 or 15650 or 15550.
After these levels....we can expect a good rally in all the stocks and index....atleast till 16850.
But my view is we might test 18500 by year end... holding the 5th Waves low (can be a good SL).