BANKNIFTY The Perfect Elliot Correction Wave Coming in 2w

14 mar

BANKNIFTY has completed the Elliot Triple combo Wave following the January Selloff.
We might see an ABC correction wave coming in next two weeks.
Important levels as marked.

15 mar

Trade attivo

I am carrying forward my position to next week on the basis of this analysis and $1.70 Billion FTSE rejig inflows mainly in HDFC, ICICI and KOTAK. Targets as marked.

21 mar

Trade chiuso: stop raggiunto

Looks like the pattern will NOT complete. I have exited all bullish positions. Waiting for new pattern formation. View remains bullish.