Updating the Chart in continuation with yesterday's Count:
While the day's moves were broadly in tandem with Count but the ferocity of moves particularly around 2.30PM when it moved from 4700 to 4790+ and then back to 4735 was quite rattling and even now I am not able to assign a discernible pattern to this Corrective Z.b from 4781.55 downwards(last three days)to 4686.9.
Otherwise also as Z.a=4588.15-4781.55=193.4 ,so Z.c has to be a minimum 0.62*Z.a=120;
so even if we take Z.b to be over at 4686.9,Z.c should have travelled upto 4807.
So all I can say at present is that the upmove still has some steam left and the full story of Z has yet to unfold.
Raghu
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