AJAYSHARMA

Wave 4 of the same degree or wave 4 of one lesser degree

BSE:CANBK   CANARA BANK
Why did it fall because the 5 wave impulse was complete . I have not shown the Elliott channel it would be cluttering . But it sticks to the Elliot channel.
Shorting a bull market is not good.

So a buy at 283 (preferable) or at 250 ( u may not get).

I have observed that ABC after wave 5 is always bought into . So wave 5 in an impulse or a correction has been truncated