Nifty Bank Index
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Bank nifty elliot wave counts

Is bank nifty heading towards 37k??
2 possibilities

1) we have completed corrective wave with ABC structure and now in the 5th wave
2) we are in the corrective wave X with wave structure of WXYXZ

Positional long can b initiated once breakout on upper side.

Don't chase the market, let the pattern form.

Don't b in open ended trade. Always use SL.
Never risk more than 5% of capital in single trade.
Wave Analysis

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