BANKNIFTY-Another view Elliott wave way
So far we have from bottom to up here, in my view its a corrective rally
it might have confused the laymen and most senior analyst, we can see it is making more
corrective structures whenever it is coming to the knowledge of the analyst,
If our counting is correct we might see a new low in bank nifty. Its my view
and it does means a buy sell recommendation but if we are in a corrective move
then we will have to see the final destiny of the underlying instrument.
Structures are clearly shown in the chart, you can ask where you get some doubt.
Regards
it might have confused the laymen and most senior analyst, we can see it is making more
corrective structures whenever it is coming to the knowledge of the analyst,
If our counting is correct we might see a new low in bank nifty. Its my view
and it does means a buy sell recommendation but if we are in a corrective move
then we will have to see the final destiny of the underlying instrument.
Structures are clearly shown in the chart, you can ask where you get some doubt.
Regards
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.