Complex wave WXYXZ completed Next way should retress enter complex pattern Target 510
Complex wave WXYXZ completed Next way should retress enter complex pattern Target 510
Wave (4) completed , wave (5) target Target 1- 50390 Target 2- 49890 Target 3-49385
Wave (4) completed wave (5) in progress Target1 520 Target2 534 Target3 545
From Elliott wave principle it is identified Zig Zag correction ended at price 44444 and started forming leading diagonal pattern an impulsive price action labeled as Wave (1)/ Wave(A) now this wave also retraced by corrective price action of Zig Zag contained with in the parallel price channel labeled as Wave (2)/ Wave(B). Price on break above this parallel price...
According to EWP the Banknifty index is forming ending diagonal wave wave 5 of ending diagonal is in progress of upward move on completion of wave 5 of ending diagonal bank nifty index, could see bearish wave count.