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dhinesh_kumar

Elliott wave analysis # revised wave count

Nifty Bank Index (NSE:BANKNIFTY)  
dhinesh_kumar Actualizado   
NSE:BANKNIFTY   Nifty Bank Index
Elliott Wave BANKNIFTY bankniftyanalysis
1
6
elliottwaves banknifty bankniftyanalysis
In my last analysis, I told that unexpectedly wave 4 was completed and wave 5 rally started. But looks like still in wave 4 and forming more complex. Refer the chart for more details.

snapshot
Comentarios:
In my last analysis, I said the rally (wave 5) has started. But wave 4 was not completed. Even though it is still in wave 4, there should be temporary up-move to recent high where wave B of 4 completes.
Comentarios:
Updated wave count
snapshot
Comentarios:
Wave Y completed today. After then wave formation confirmed further upside, maybe for wave Z. If so, the correction may take 2-3 days and sideway correction. If forming something else, I will update.

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