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Elliott wave analysis # revised wave countI expected wB of 2 was in progress but there was some mistakes in wave decoding. Its not wB, it is w3.
Banknifty revised wave count
Nifty current correction wave count
Banknifty current correction wave count
Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Elliott wave analysis # fall on the card ??Final part of up-move is in progress from day low. It is an impulse and wave 1 2 completed and wave 3 is in progress.
Once this impulse completes, wave B of (2) also will be completing. After then, we can expect good fall for wave C of (2).
BankNifty update:
Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Elliott wave analysis # still in wave B of 2Wave (2) is still in progress and wave B is about to complete in 1-2 days.
Banknifty update:
Elliott wave analysis # clarification on my last analysisMy previous analysis is still valid. Just the correction is being extended.
Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Elliott wave analysis # resistance holding up-moveTomorrow it may open above today's high and resistance can force the price down towards 15100 level.
Banknifty update:
Elliott wave analysis # will rally continue ? Wave B/X is about to complete. Once completes, there can be small pause for up-trend and fall for 600-800 pts possible. All these developments are part fo wave (2).
Banknifty update:
Elliott wave analysis # update to the previous analysisWave 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:
Elliott wave analysis # be ready to go shortThe up-move is about to complete where wave B/X of (2) is completing. Next it can fall to complete wave (2).
Banknifty update:
