Market is going to complete its wave 3rd of EWT started from COVID's low of 7511 in March 2020, may do it by next week on Monday(15/01/2024) or Thursday (18/01/2024) to 22070 price level but should not breach 22200 level at any cost, if it happens so then market can go on a higher level price point.And after that a wave 4 - correction of it may start and can go to...
Banknifty is going to complete its structure of Elliott wave is in its last phase after it will giva a correction of wave 3 which was made during Covid crash March 2020.
Here is weekly timeframe analysis......I see nifty in wave 3rd of subwave of wave 3rd that which statrted from 2013 bottom, currently this subwave 3rd is in its last phase wave 5 as showed in chart....