Hello everyone,
I have considered wave count in many ways, but finally found a perfect way to analyse the wave count.
There are many reasons for buy at near about 7000 (If market goes to this level)-
1. Trend line support.
2. Previous 6800 support.
3. 38.2 fib retracement level at exact near 6800.
4. Bullish Alt bat or bat pattern formation.
5. And finally and most important Expanded flat Elliott waves correction pattern completion.
If market goes above 8100 level then whole setup may be changed.
I have considered wave count in many ways, but finally found a perfect way to analyse the wave count.
There are many reasons for buy at near about 7000 (If market goes to this level)-
1. Trend line support.
2. Previous 6800 support.
3. 38.2 fib retracement level at exact near 6800.
4. Bullish Alt bat or bat pattern formation.
5. And finally and most important Expanded flat Elliott waves correction pattern completion.
If market goes above 8100 level then whole setup may be changed.