TradingView
RK_Charts
Mar 5, 2023 6:22 PM

BANKNIFTY possible Elliott wave counts (now up then down) 

Nifty Bank IndexNSE

Description

Hello Friends,
Hope you are doing well,
Today we are sharing banknifty possible Elliott wave counts along with invalidation levels and along with alternate wave counts, which can be overall road map for next moves expected further, in both current and alternate counts banknifty is looking good short candidate but only after some rally it means it looks like sell on rise along with strict stoploss of invalidation levels only, so it may go up side first then good move towards south is expected.
Our studies are only for educational purposes and not for trading purposes so we are not responsible for any kind of profits or losses in trading or in investing in market, so always please consult your financial advisor before trading or investing, do read disclaimer.
Thanks

Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!


Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Comments
harshiloza1506
Thanks ravi ji. Last price action on 10th march friday which was gap down.
Can we say it is start of 3rd of Y?
RK_Charts
@harshiloza1506 Yes bro it can be like this 👇
gokulabhagwani
what a clear direction.
RK_Charts
@gokulabhagwani Thank you 💕
Harihari1122
nice
RK_Charts
@Harihari1122 Thank you so much 💕
dcmajhau
excellent analysis 💯
RK_Charts
@dcmajhau Thank you so much 💕
shrimutu
wow very nice view
RK_Charts
@shrimutu Thank you so much 💕
More