AniketKabir

Why so serious ? Attn Mr Elliot.

Long
AniketKabir Updated   
NSE:BANKNIFTY   Nifty Bank Index

It is start of A new Bull Run. Major swing has been replicated. If last swing low breaches, idea fails.

Is this start of wave 5, if yes then price target is upper parallel line(in blue) and not red median line. All elliott wave analyst's please guide. I do not know anything else, I am only in love with Swings.

"This is my trading journal, not a trade recommendation. Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince.

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Pitchfork lines of minor reaction legs are still valid (Ideas dated 31st Aug2020: Beat on a line that is working until it Beats you); only difference is that now that minor has grown into a major.

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See they are all same.
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CORRECTION IN ACTION REACTION LINE SET.
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Action is the historical chart movement and reaction is the future price movement.
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ANOTHER SET OF ACTION REACTION LINE (METHOD 3)
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CURRENT SLOPE OF PRICES
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Can second action reaction set of lines work (see update dated Oct 05) ? if so 23250 is coming. We will see price behaviour at 23250
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ABOVE IS ALL DONE WHAT NEXT?
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NEXT PIVOT LOCATION BASED ON ACTION REACTION LINES
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Bingo target given in original idea is done, is this holy grail?

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