The Dip is a buy

BSE CMP 3240 Fib - It broke the first confluence zone 3400 and ended the week on the second confluence at 3215. Trendline- we have a trendline support at the same zone. Detrend and composite - both the oscillators are at their previous amplitude lows. Elliott- to me the 3rd wave here has not even started, hence a much stronger move is still left. Conclusion - all the supporting tools are indicating the current zone to be a high prob reversal zone.