rJ68263746

BANKNIFTY (NSE) - Elliott wave analysis -

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY - It was completed ABC zigzag up move. It may moving down in possible ABC flat correction down OR it may extend the C wave further if price crosses above 24819. So stay bearish until price remains below 24818 for C wave down as mentioned in chart. Above that price zone stay bullish for C wave extension. In both cases stay small in size with tight stops.

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