Bank nifty has broken 23125 as marked which was acting as resistance most of time in past now the range to look for buying will be 23189-22255 as it a okaish demand zone which can also act as a support , further if 22255 is broken we can see a fall of almost 900 points. but from there we can eye for longs at various levels as marked in the charts i.e 21410 ,...
Kindly ignore my previous chart and refer this .. happy to hear your view on this
I have used Elliot wave illustration with with retracement to plot correction abc waves