DebasisMh

Bank Nifty Elliott Wave Analysis

Long
NSE:BANKNIFTY   NIFTY BANK
Bank Nifty is in wave 1 of ending diagonal . Diagonals are basics a-b-c form we expect bank Nifty to reach 36500 levels by end of month.

Comments

According to rules it just has to pass high of wave 3.But if third wave is extended then wave 5 should be either 61.8 of Wave 1 or equal to wave 1.
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hello sir
wave 3 ke khatam hone ke baad 4th wave ka correction aata hai uske baad jo 5th wave hai usko wave 3rd ke high ke upar kam se kam kitna jaana chahiye jis se ek valid Elliot wave ka pattern pura ho jaye please reply me me abhi wave sikh raha hu is liye mai samjana chahta hu
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