Nifty Bank Index

Long

Elliott wave analysis # continuation of previous analysis

By dhinesh_kumar

Even though wave development is very slow, all formation clearly signals up-trend. If current development (inner wave 3 of (5)) is leading diagonal, it will range-bound for another 2-3 days and then strong up-trend.

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Elliott wave analysis # detailed wave count of current up-move

by dhinesh_kumar

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