forextidings

Is Bank Nifty forming An Ending Diagonal?

NSE:BANKNIFTY   NIFTY BANK
Bank Nifty has completed the corrective wave (4) at 31208.
After the climax of wave (4), we have seen an impulse phase with overlapping nature. According to Elliott's wave theory, 5th wave can become an ending diagonal .
I will update the intraday chart of the bank nifty soon.
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