Wave B/X is about to complete. Once completes, there can be small pause for up-trend and fall for 600-800 pts possible. All these developments are part fo wave (2).
Banknifty update:
Note
Added more details in chart
Nifty:
Banknifty:
Note
There is another possibility too. If yesterday low to today high is an impulse, wave (y) completed. Need to see follow through. If it reaches 15100, wave (y) completed.
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.