As noted yesterday, "c" wave reached 5890 level at the red median line.Next target is 5840 levels which should be reached tommorrow and expect reversal at this point of the short term correction.Divergence in Rsi is seen in 15 min charts which is positive for the next upmove.
Two scenarios for tommorrow:
1. First half of the day, price moves downwards , touch 5860 levels / 5840 levels and make a "V" turn.This will a very positive sign for upmove to commence.
2.Morning the price can move sideways / bounces up mildly, reaches upto 5950 resistance levels and then move downward.If the close is below 5850 / 5830 levels EOD then will wait for another day to decide to go long .Downtrend / Uptrend confirmation will emerge on Fridays Action.