Hi
As seen on the chart, we seems to have completed 3 waves forcefully and today we might complete the 4th Wave.
It could be max 50% - that is till 16700...but could also complete near 16590 or 16440 approx.
So we will look out for shorting opportunities around these levels.
This can go till next week.
We are still not out of the bearish zone.
Its sell on rise