BANKNIFTY The Perfect Elliot Correction Wave Coming in 2w

14 мар.

BANKNIFTY has completed the Elliot Triple combo Wave following the January Selloff.
We might see an ABC correction wave coming in next two weeks.
Important levels as marked.

15 мар.

Сделка активна

I am carrying forward my position to next week on the basis of this analysis and $1.70 Billion FTSE rejig inflows mainly in HDFC, ICICI and KOTAK. Targets as marked.

21 мар.

Сделка закрыта: достигнута стоп-лосс цена

Looks like the pattern will NOT complete. I have exited all bullish positions. Waiting for new pattern formation. View remains bullish.