#BANKNIFTY #ElliotWave Analysis.
On larger time frame:- The Wave 5 is expected by Feb end 2021
Wave 1 :- 16,116 to 21,967
Wave 2 :- 21,967 to 17,105
Wave 3 :- 17,105 to 25,232
Wave 4 :- 25,232 to 20,405
Wave 5 :- 20,405 to 30,834 (61.8 % of total move till wave 3) / to 32,362 (78.6 % of total move till wave 3) / 34,309 (100 % of total move till wave 3)
John...
