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Bank nifty in 30 minute time frame suggesting buy
Nifty Bank Index
Long
Bank nifty in 30 minute time frame suggesting buy
By keerthivasan_88
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May 12, 2021
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May 12, 2021
ELLIOTT WAVE ANALYSIS:
All observations are clearly indicated in the chart.
Elliott wave is an road map
to identify the direction of market.
Wave "1" :
Motive wave completed
Wave "2" :
Simple zigzag completed
Wave "3" :
Motive Wave Golden wave also completed.
Wave "4" :
Alternation rule so Triangle pattern time consuming pattern formed.
Wave "5" :
Motive wave 5th wave going to start again.
Wave Analysis
keerthivasan_88
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