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imkhushal

BANKNIFTY EOD Elliott wave Analysis.

Long
Nifty Bank Index (NSE:BANKNIFTY)  
imkhushal Updated   
NSE:BANKNIFTY   Nifty Bank Index
Wave Analysis Chart Patterns
5
0
waveanalysis chartpattern
BANKNIFTY seems to be in 2nd wave....
And it might open GAP UP.
The retracement of wave 1 is appx 93% The invalidation for the analysis is 35430 (that can act as SL for longs)


Always understand the risk in the underlying security.

Thank you.
Comment:
Sorry guys the analysis was invalidated as it crossed the invalidation level mentioned on the char.
Comment:
Will come up with some good chart patterns and analysis.
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