Bank Nifty Seems to be in Double Three Corrective pattern. Wave W & X seems completed and now we are in Wave Y, which can retrace upto 32,800
Disclaimer : I am not SEBI registered advisor and these views are purely for educational purpose. My view can change based on the patterns which may develop subsequently
IEX seen as making Double Three (Double three & Double three pattern). First correction of WXY completed. Second leg X completed, now is in Wave Y. Expected retracement 61.8%