BankNifty Elliott Wave analysis 21-01-2021
Updated
Om Namah Shivay
Today 21-01-2021, BankNifty made wave structure which is depicted in the chart.
The impulse was made in the first half and the correction started then. There is an assumption of the next movement which is depicted in the chart.
The possible further move is drawn.
Originally the EW is drawn on 5 min chart.
This is for learning purpose. There is no trading suggestions given in this.
Om Namah Shivay
Today 21-01-2021, BankNifty made wave structure which is depicted in the chart.
The impulse was made in the first half and the correction started then. There is an assumption of the next movement which is depicted in the chart.
The possible further move is drawn.
Originally the EW is drawn on 5 min chart.
This is for learning purpose. There is no trading suggestions given in this.
Om Namah Shivay
Trade closed: target reached
target is achieved
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