Nifty 3 mins chart posted positive divergence and down move ended at 5928.45....
Two alternative labels which can be possible but both gives up move likely to end soon...
Negative divergence likely we will get 15 mins mostly by Wednesday but price need to go above 6019.45 once for that top off to occur...
EW labels are subjective, i am posting both...
My original labels:
Alternate labels:
Y can be 5 wave as W seems 5 wave...
Actually 3 mins is appropriate time frame but i posting 5 mins..
Two alternative labels which can be possible but both gives up move likely to end soon...
Negative divergence likely we will get 15 mins mostly by Wednesday but price need to go above 6019.45 once for that top off to occur...
EW labels are subjective, i am posting both...
My original labels:
Alternate labels:
Y can be 5 wave as W seems 5 wave...
Actually 3 mins is appropriate time frame but i posting 5 mins..
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