Nifty Bank Index

What will be Banknifty's next move?

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BN is moving explosively and to my surprise broke the 41650 level forcefully. This is the power of 3rd wave. Clearly 3rd is being extended and standing around 170.7 of 1st wave. From this level we can see some minor correction to 41900 level and then it may start it's upward journey again towards 42500 and even to 42850 level.
Sooner or later in a few days we may see a sizable correction (3rd wave correction) Now, what is your view? Please levev a comment.

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