Nifty 10-06-2017

Current State: As per my count,below is current numbering.

I am still not clear if wave (iv) is complete or not. Normally I like to see wave (iv) taking more time than wave (ii), which is not the case now. Wave (ii) took 5 days & wave (iv) 3.5 days. At the same time, some of my other indicators says wave (iv) might be complete.

Hence, Either wave (iv) is complete or may take another 1-2 days to complete.

Nifty going above 9689 can confirm that wave (iv) is complete and wave (v)/iii is in progress.

 

Nifty 10-06-2017

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