dhinesh_kumar

Elliott wave analysis # next 3-5% fall

Short
dhinesh_kumar Updated   
NSE:BANKNIFTY   Nifty Bank Index
Once it completes the upmove as described in my previous analysis, there may be fall to the level 31500.

Disclaimer: This idea is not for trading.
Comment:
Nifty also is similar view. It may fall to the level 14200.

Comment:
Still upmove is pending
Comment:
If breaks today's low tomorrow, overall it is invalidate. Need to see further development.
Comment:
I did mistake in counting yesterday fall. The upmove completed and it is expected fall as described in the analysis. In the fall Y is completed and correction is going on. Once the correction complete, there will be Z
Comment:
Update wave count

Comment:
Nifty: Updated wave count

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