1st scenario -
1st wave done(in 5 subwaves from 9952-10784). 2nd was a irregular(from 10784-10418) and 3rd is in progress as -
3.1 10418-10718 = 300
3.2 10718-10559 = 159
3.3 10559-->10859/10930/11044
2nd Scenario -
1st wave done at 10929
2nd wave is in progress as -
2.a 10929-10418=511
2.b 10418-10718(~ 61.8%)
2.c 10718-->10207/10086/10012
The range is 10559-10650, above/below it any of above scenario is possible.
1st wave done(in 5 subwaves from 9952-10784). 2nd was a irregular(from 10784-10418) and 3rd is in progress as -
3.1 10418-10718 = 300
3.2 10718-10559 = 159
3.3 10559-->10859/10930/11044
2nd Scenario -
1st wave done at 10929
2nd wave is in progress as -
2.a 10929-10418=511
2.b 10418-10718(~ 61.8%)
2.c 10718-->10207/10086/10012
The range is 10559-10650, above/below it any of above scenario is possible.
BankNifty -
Long above 26400, short below 26000(aggressively 26160)
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