AJAYSHARMA

The bottom does not seem to be there in the counter . It will start looking really scary if it starts going below 134 levels as then the decline would become impulsive rather that completion of ABC .

Described in the chart . But it is contained within a parallel channel seems corrective . Question is whether we will have a 5th wave down as shown and it breaks the lower channel .Till theh fingers crossed . Kindly notice in the sub waves when ever a diagonal comes corrections are sharp and deep. 10721-724 are key levels for a bullish count . Regards

Describes in the chart

All my imagination described in the chart . Look out when wave c = .618 of wave a . and when the channel is broken for the wave c.

Correction from diagonals are sharp and deep

All described in the chart .

Even if the alternate count is bullish the short term trend seems to be down . Kindly refer to bearish count sent earlier .

Since wave ((i)) of the 12345 sequence is the longest one expect the correction to be deep . According to elliott it wave end at wave ((ii) which is deeper than what is shown .

If we see an impulse follow up bank nifty may correct viciously.

All described in the chart

Described in the chart . Wave 4 seems to be complete .

w - ziz zag x- zizg zag y - triangle Wave 4 seems to be complete

w = ziz zag x= expanded flat y - triangle I think SBI is on the cusp of a good flight .

described in the chart

Described in the chart

Described in the weekly chart. Regards

Described in the chart

Described in the chart