BANKNIFTY INDEX FUTURES
Short

BN prediction for 10-jan23

194
this is my first calculation as per the Trading view Elliot wave inbuilt indicator.

Wave 5 is depicted as per Indicator. 9:15 hrs on 4jan-23

Wave5- Wave (a) took 19 bars; 6x3
Wave(a) to Wave (b) took 3 bars --- Perfect Match' (1x3) a-b is multiplier of entire fall pattern

Wave (b)- Wave(c) takes 4 times of 3 =12


Hence, the entire fall takes around 19+3+12=34 bars matches to 10-jan-23 at 15:15 Hrs or 11-jan-23 9:15 hrs

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.