Banknifty Elliott Wave count plotted best to my knowledge. After Wave iv which is complex correction new leading diagonal wave has been seen. New impulse should start taking it towards lifetime high.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis
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any view on HDFCBANK... bcz without that... this big RALLY in BNF is not possible
Dwivedi_VIbhav
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@Goutam5196, as per me it is in buy zone 1430-1445 is a very very good zone for upside of 1530/1600
Goutam5196
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@Dwivedi_VIbhav, Yes i am already in Buys from 1440 lows very strong demand zone...crossing 1500 will not be so easy ..if sustain above that.. good to go for 1560 1600 ... just wanted to know EW perscpective