Ravi_VP

BANKNIFTY: Wave B is formed as a triangle (abcde). C started.

Long
NSE:BANKNIFTY   NIFTY BANK
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Wave B is formed as a triangle. B retraced to about 38% of A. C just started. Final target for end of C will be around 33800-34000
From here going down a little bit is also possible. But it is at reversal level.