5 Aug 2020 ● 05:04 AM
Cipla has started to move again, but when wave 1 is very fast then wave 3 can sometimes be slower and achieve the level 3=1 [near 1000] at a much slower pace. Wave 3 may even sub divide into 5 waves itself. This is exactly what seem to have happened here. The 20dma at 667 is the immediate support.