meenaanita613

Bank Nifty 1 Hrs EWT Analysis

Short
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty 1 HRs Time Frame

Wave ((1)) Starting point of wave C of 32327 to 35540 it subdivision 12345 as leading diagonal .
Wave ((2)) Retrace 0.38%, 34510.
Wave ((3)) Ended 39760, 1.618% Fib Extension of wave ((1)) and ((2))
Wave ((4)) Retrace 0.38% , 37943 area of wave ((3)) and 0.236%. of Wave ((1)) to ((3)),
Wave ((4)) complete as regular flat ABC , C point Complete at 0.786% of AB Extension 37943.

Today Price does not sustain above Wave ((3)), Wave ((5)) Ended 40077.

Today Price Indicate Reversal Sing so down fall can be anticipate.

Disclaimer
It is my personal research before trade plane, please do your shelf analyze and advise your financial adviser , it is educational purpose only.
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