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Nifty Bank Index

BankNifty's Short-term Wave Analysis

kaushikwbslg tarafından
As analyzed before in my previous post, 3rd wave of BN was briefly stopped at around 261.8% of 1st wave length and corrected slightly. It looks like the fire of 3rd wave has yet not put off and we may another move higher. But for this, BN must trade above 43475 and if it fails to break above that level, we may see a bigger downmove in coming days.
Chart PatternselliottwaveideaselliotwaveanalysiselliotwavecountTrend AnalysisWave Analysis
kaushikwbslg
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