Hi
As per the me, the following is the Wave count that needs to be considered.
We might have started the correction from 17779 made on 11th April 2022 and concluded recently on 15367 on 23rd June 2022. This could be a big A Wave.
As it has 5 Wave inside it, it is a Zig Zag correction.
So the B Wave might not break 16850 (61.8% of the whole A Wave).
From the highs of B wave of around 16850, we might start the C wave on the downside again.
Will again draw the lines of Elliott waves once we are near about 16850.
Disc : Educational Purpose only.
As per the me, the following is the Wave count that needs to be considered.
We might have started the correction from 17779 made on 11th April 2022 and concluded recently on 15367 on 23rd June 2022. This could be a big A Wave.
As it has 5 Wave inside it, it is a Zig Zag correction.
So the B Wave might not break 16850 (61.8% of the whole A Wave).
From the highs of B wave of around 16850, we might start the C wave on the downside again.
Will again draw the lines of Elliott waves once we are near about 16850.
Disc : Educational Purpose only.