Has SW4 started?
Or is it (iv) of SW3?
No confirmation so far.Lets see in 3 min charts & Hourly Charts( only the upmove above 4764).
Discernible waves can be seen as:
A=4764-4854=90
4764-4824=60
4824-4801(4824-4783-4835-4801)
4801-4854=53
B seems to be in progress-- quite capable of doing 1.382*A=4730
Thus this retracement is not very easy to follow --- so one trade I suggest would be to go long below 4764(trendline suggests 4741) with a SL at 4728 and Target 1.6*A=140 points
And by this Count , expiry around 4885-4910 is seen
Raghu
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