Elliott wave analysis # possible prediction for 11-17 Jun

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Projected the possible movement for 11-17 Jun week.

Banknifty
istantanea

Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Nota
Inner waves are pending. Looks like it can go above projected level. I will inform when completing.
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Nifty completed wave iv of 5.

BankNifty forming complex. There is possibility to break day high again.

Invalidate level: day low 34978 and 15780
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Nifty: Wave 5 (green color) completed. Wave 4 is in progress.

Banknifty: Wave X completed.
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Updated wave count

Nifty
istantanea

BankNifty
istantanea
Nota
The up-move would continue after small correction. Nifty may reach 16050-100 level and BankNifty 36000-36100. It may take 2-4 days.
Elliott WaveNIFTYniftyanalysisniftybankniftypredictionniftytrendWave Analysis

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