Bank Nifty -Completion of 5th wave in diagonal -towards downside

from wave perspective it is known that 5th wave ending diagonal is in completion,
5th wave is also an truncated wave
breach of channel is in verge
next corrective move could drag index to 30500 (-11%) down wards



disclaimer: I am not holding any position in this index, your profits/ losses are market oriented.I am not abid to your trading position.