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Market Commentary:
1. Looking for a wedge formation in wave C of X) as i shown and low to 21.750 near by.
2. Once the wave X) completed i am expecting wave Y) will reach to the previous high.
3. Wave Y) having 3 waves inside a,b,and c as i shown here. So place STOP according to that.
4. Stop and invalid @19.900 for the target 28.5. There is a good RR if you enter @ 21.8 nearly 3.5 RR.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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