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Market Commentary:
1. Currently we are in the wave iv) of (5) and yet to complete that wave iv) as i shown here.
2. Wave iv) could be a irregular flat or a regular or it could be a triangle.
3. Once the wave iv) completes then we can expect the wave v) of (5) and that is the final wave for this bullish (5) wave structure.
4. So I am expecting it can reach above 5450-5550in ending diagonal or it could be a regular 5 waves structure. B4 that we can again see 5K for the wave iv) to end.
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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