after putting this wave count in isg i had received interesting comments from tech analyst friend MAHIS. and mostly he wanted to convey that we r not following 5 wave pattern from 7697 but a 3 wave coorective pattern from 8047 from where 3rd wave was shown in 5 wave count pattern.
i shared this chart with a senior analyst and i got reply from him with both options bullish and bearish in same chart. it is interesting to see. i am putting here link for the same.
please go thru it.end resiluts r same. enjoy it.
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Posted By pankaj564 to PANKAJ SHAH at 9/22/2009 05:14:00 PM
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