tentative wave counts are labelled as shown on the following chart:

earlier i had pointed out 3 sub waves in each up and down wave forming on nifty chart. current subwave C-5-(3)-i has tgt upto 2568/2506.
discl:sub waves labelling is tentative and ew analysis as such in general is speculative in nature, therefore should not be used for trading but useful for investment decisions.
3 comments:
ab sir,
you have marked c5(1)'s subwave as a & b instead of 1-5 ,why so.
Regards
ya shivani, i used a,b,c since we have a corrective pattern forming inside an impulse wave, but instead i cud have used i,ii,iii which is much better i guess.
abhay how are you?
your analysis is fine i know it why i am studing it regularly !! k
then try to post the target for
5(2)
best
maghil
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