Bank Nifty Spot -
If a 5 wave is in progress from 31599, then wave counts are as -
1. 31599-30259=1340
2. 30259-31082=823
3. 31082-29053=2029
4. 29053-29779
5. 29779->28806(38.2%)/28506(50%)/28206(61.8%) - done @28574?
If 5th wave yet not finished and subdividing as below then -
5.1. 29779-29328
5.2. 29728-29625
5.3. 29625-28574
5.4. 28574-28967
5.5. 28967->28507(38.2%)/28364(50%)/28222(61.8%)
Long above 28956, short below 28850.
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