BankNifty Wave Analysis 2023.05.21

- BANKNIFTY currently into wave v of wave 5, which is forming an ending diagonal pattern

- RSI Negative divergence already visible on daily chart

- Strong resistance and possible end of current wave v of 5 (and also wave 5) at 44173/44397
BANKNIFTYelliottwaveanalyiselliottwaveprojectionElliott WaveFibonaccinify50Support and Resistance

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