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:
Banknifty update:
Comment:
The correction was extended. The analysis and target posted on May 19 is still valid.
Nifty:
Banknifty: