Midcap Index Weekly Chart
People have extreme sentimental bias when in panic crowd think its end and history has proved selling climaxes happen
Is the Indian growth and midcap story over ???
What about the crude advantage and India's demographics?
A Head & Shoulder in Midcap Index is forming .... Still a neckline not broken
Corrections are part of rallies and is shown that bull market corrections are swift ....
What does wave counts suggesting ???
We are in larger degree Wave III of Wave 3 of (3) of 1 of (iv) ....
In short we could be in wave 4 correction .... What next ?
To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets
Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com+91 78291 55900
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