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forming zig-zag where Wave B retraced from 68% of Wave A.
wave can retrace upto 50% but 38 % is 230.

so for we can buy it @ cmp for target 230.
and then it will move for wave 5.
Note
zig-zag is a 5-3-5 move so it can form now 5 impulsivw waves or may be ending diagonal .
want to learn this then contact me on 6200556496
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Elliott WaveEWTSBIsbinsbisnslysisstatebankofindia

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