PSU BANKS... MORE CORRECTION AHEAD

Updated
The chart of PSU BANKS had completed the 5th wave of Elliot waves and has started correcting. If my prediction goes well we can see a recovery in these stocks and then a steep fall from there (roughly around Diwali time).
PSU BANKS- SBIN, CANARA BANK, BANK OF BARODA, PNB, INDIAN BANK, UNION BANK. Keep these stocks on your radar.
Trade active
The correction waves A and B are done. Anticipating a steep fall (C wave). This also correlates with my idea of fall in nifty.
Watch for profit booking in SBIN, CANARA BANK stocks.
Technically wave 5 and wave B are forming a double top. Be careful if you are going long in these PSU banking stocks.
Chart PatternsElliott WaveTrend Analysis

Disclaimer