Nice Impulse move and followed by flat correction. Five waves of the 'c' wave of flat correction terminating just near 1073. Next we have to see if another impulse wave starts or there is another complex correction. for impulse wave tatamotors need to sustain above 1089 the 4 th wave position of C wave. Of course time will tell. For me it is looking bullish now As major 1 st wave red coloured only has retraced 38.6 percent in 2nd wave we have to be watchful. please like this post if it helps you. follow me to get up dates.
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it banged today
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presntly retraced tto 4 th wave position.Previous bounce could not sustain.
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