Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
In BankNifty, see the wave formation from 24th May low to today high, it is clear ABC-X-ABC. Then how can it go up. There is small pass.
Yes, my analysis may go wrong. If goes, I will rectify where I did wrong count. I can't simply mark as impulse without knowing exactly what is going on.
One can easily say it is impulse when going higher higher. But I need proper inner wave count.