RaviPolavarapu

Elloite wave correction in progress,currently entered wave C(a)

Short
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
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1
wave C should close well below 27700 , so the target 1 would be 27400. and if it doesn't break 27400 then that will be our trailing stop loss.
Target 1 will be intact with a stoploss of BNF start of wave A which is 29000.
Comment: Safety entry would be at the end of C9b) wave , as the sub wave and main wave both are down and we will enter the short at the start of wave C(C)