We are probably in wave 3 of 5 having strong support at 11550.
Primary wave is in progress and the above said 5 is the top.
Long term count seems to be in track (please see the previous posts)
![Nifty probably is in wave 5 of(5) of [3] of III (A quick update)](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
Due to complex internal structure of the corrective
waves in wave 2,Internal structure was so confusing, and I miss the count here,
thinking (marked )this would be either end of correction wave 2
OR the continuation of the minor wave 4 as combination waves.
Primary wave is in progress and the above said 5 is the top.
Long term count seems to be in track (please see the previous posts)
![Nifty probably is in wave 5 of(5) of [3] of III (A quick update)](https://s3.tradingview.com/k/kp7La9QS_big.png)
waves in wave 2,Internal structure was so confusing, and I miss the count here,
thinking (marked )this would be either end of correction wave 2
OR the continuation of the minor wave 4 as combination waves.
Kommentar:
pls read as primary wave 3, bracketed number is not showing in the text field.