Get started
dhinesh_kumar

Elliott wave analysis # updated wave count

Nifty Bank Index (NSE:BANKNIFTY)  
dhinesh_kumar Updated   
NSE:BANKNIFTY   Nifty Bank Index
Elliott Wave BANKNIFTY
1
0
elliottwaves banknifty
Did some chances from my previous analysis. It is an impulse as wave5 from 19th April and inner wave 1 completed and inner wave 2 is in progress.

Detailed wave count for fall from 33297 level:
snapshot
Comment:
31500-600 level is good support for reversal and 31300-350 is next level support if previous one does not hold.

Related Ideas

dhinesh_kumar
Elliott wave analysis # so weakness but other possibilities too
dhinesh_kumar
Elliott wave analysis # continuation of previous analysis
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.