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GauravPatil GauravPatil BANKNIFTY, D, Long ,
BANKNIFTY: BANKNIFTY @26200+ Before December 2017!!
101 2 5
BANKNIFTY, D Long
BANKNIFTY @26200+ Before December 2017!!

We will see BANKNIFTY above 26200 at the end of this year! So, take your seats, the flight is getting ready to take off after refueling!

anshuman_05 anshuman_05 BANKNIFTY, 120, Short ,
BANKNIFTY: Banknifty Elliott Wave analysis points to a top
87 1 4
BANKNIFTY, 120 Short
Banknifty Elliott Wave analysis points to a top

I have marked the waves in the chart and here I will explain them a little more in detail. Wave 2 is a deep correction of wave 1 and retraces 76.4% of the wave 1. Wave 3 is a 161.8% extension of the wave 1 and is composed of five inner waves, though I have not marked them on the chart to avoid too much confusion. Wave 4 is a 38.2% correction of wave 2. Again ...

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