Wave 2 correction for the post-budget advance looks complete and wave 3 should start from here. The correction seems to be a double three and breaking out from this it can go to 38000 or above if it were to go to the top end of the rising channel.
The depth wasn't much in this correction simply showing how strong the underlying trend is. A gap up and positive close tomorrow will confirm the rally up ahead has started. ahead.
The depth wasn't much in this correction simply showing how strong the underlying trend is. A gap up and positive close tomorrow will confirm the rally up ahead has started. ahead.