Wave B/X is being extended and still pending. An impulse (wave A) is completed in wave (y) of (X) and correction is in progress. Wave C of wave (y) of (X) is pending.
Banknifty update:
Note
Update: Correction completed and next up-move can start tomorrow.
Nifty:
Banknifty:
Note
The correction was extended. The analysis and target posted on May 19 is still valid.
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.