Nifty playing B wave confirmed as expected so far...
Certain conditions says nifty doing Double Zig Zag
And Nifty is tail end of B assuming all divergence will hold (If not B may subdivide as B.a,B.b,B.c)
Nifty 20 mins chart gives the bewo view from 5663....
Divergence appearing in 5 mins chart (No zero touch) from start of B from 5971....
Key divergence appears in 3 mins between Y.a and Y.c(incomplete Y.c)
Nifty Y.c seems incomplete as no positive divergence appears in 1 min chart (Wrong time frame i chose as i need to see one min chart after 9.45 am)...
If positive divergence appears 1 min chart that could be likely end of Y.c...
Morning one can expect a rise to 5862+ but less than 5869....
Then a dip below 5842.25- likely which will do overlap 5828.65 but not below 5801....
If 5801 survives then 5971 can be attempted again....
Certain conditions says nifty doing Double Zig Zag
And Nifty is tail end of B assuming all divergence will hold (If not B may subdivide as B.a,B.b,B.c)
Nifty 20 mins chart gives the bewo view from 5663....
Divergence appearing in 5 mins chart (No zero touch) from start of B from 5971....
Key divergence appears in 3 mins between Y.a and Y.c(incomplete Y.c)
Nifty Y.c seems incomplete as no positive divergence appears in 1 min chart (Wrong time frame i chose as i need to see one min chart after 9.45 am)...
If positive divergence appears 1 min chart that could be likely end of Y.c...
Morning one can expect a rise to 5862+ but less than 5869....
Then a dip below 5842.25- likely which will do overlap 5828.65 but not below 5801....
If 5801 survives then 5971 can be attempted again....
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