We have had Leading Diagonal as a WAVE 1; hence WAVE 3 will be an extended wave; Now Wave 1 of WAVE 3 is complete and this is as per the Daily chart; Now we are here to understand the Upward Correction forming in Wave 2 of WAVE 3;
Wave 2 will have a 3 Waves where Wave A is complete and is a 3 Wave structure so we are expecting the Wave B also to be a 3 Wave downward structure and then we get the upward Impulse; which we will encash; So today 11400 CE for 1st Oct Expiry would be the opportunity;
It takes approximately 4 to 5 hours for one wave to complete according to the current market volatility; hence 1st Oct expiry is good for 11400 CE;
From 11400 CE starts the Wave 3 of WAVE 3; hence accurate exit is mandate;
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