Bank Nifty have retraced more than 61.8% of previous move which negated the view of 12345 as wave 4 cant retrace 61.8% and now the only exception left of ED, erstwhile it may be a Flat Irregular correction. Also, Nifty has not retraced more than 61.8% and the view of 12345 not negated yet. If we consider this point, the probability of Irregular correction is less rather than the probability of ED.