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kaushikwbslg

Banknifty's Probable Next Move Analysis

Short
Nifty Bank Index (NSE:BANKNIFTY)  
kaushikwbslg  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Wave Analysis elliotwaveanalysis elliottwaveretracement elliottwaveprojection
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trendanalysis chartpattern waveanalysis elliotwaveanalysis elliottwaveretracement elliottwaveprojection
After making approx 23.6% correction of probable 3rd Wave, BN is rising higher at 43533 at 12 PM and struggling to go higher. By analysing the wave structure I am in the opinion that BN is probably making bigger ABC correction and may make a downmove upto 42450 level or somewhere at support point. Then after it may form 5th Wave move higher.

If youy're agree with my view point, then leave a comment or message me.
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