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dhinesh_kumar

Elliott wave analysis # as expected, it is reversed

Nifty Bank Index (NSE:BANKNIFTY)  
dhinesh_kumar Updated   
NSE:BANKNIFTY   Nifty Bank Index
Elliott Wave BANKNIFTY
5
1
elliottwaves banknifty
Going to be strong bull run for next few weeks
Comment:
Current upmove wave count

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Nifty wave count

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Alternative wave count

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Updated wave count

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Comment:
Still correction is in progress as irregular. Wave w of X completed and x of X is in progress (z of x of X pending). Wave y of X will develop as simple abc and may complete below 33700 (as 33700 is irregular in x of X)
Comment:
Updated wave count (just my view and only for education purpose)

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