sanketthakur111

Bank nifty elliot wave

Long
NSE:BANKNIFTY   NIFTY BANK
Bank nifty gave fantastic upmove on 24th Aug which signifies wave 5th of impulse wave structure. Possible targets are 0.618 and 0.786.
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Might form ending diagonal in final leg.
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Always trade what you see, don't trade what you feel!
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Always use stoploss. Don't be in open ended trade.
Never risk more than 5% of capital in single trade.
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