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MARKET COMMENTARY:
1. This is a daily TF analysis and currently we are in the wave iv) of (3) as shown in the chart.
2. I am expecting may reach 60k-59K for wave iv) to complete and wave v) of (3) to 77-78K to complete.
3. Once it complete the 5 waves in wave (3) and bigger (4) th wave ahead for the correction 23.6-38.2 in the wave (3).
4. I am expecting a complex correction in wave (4) and will took time to complete that.
5. So, finally i am expecting the (5) waves and one cycle to complete @ above 80K and that is also depend where the wave (3) is going to complete.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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