Elliott wave analysis # update to the previous analysis

Wave B/X is being extended and still pending. An impulse (wave A) is completed in wave (y) of (X) and correction is in progress. Wave C of wave (y) of (X) is pending.

Banknifty update:

Commento:

Update: Correction completed and next up-move can start tomorrow.

Nifty:

Banknifty:

Commento:

The correction was extended. The analysis and target posted on May 19 is still valid.