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bank nifty

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Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Elliott Wave Chart Patterns EWT BANKNIFTY bnfelliottprojection bankniftywithelliot parallelchannelbreakdown gravitational
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trendanalysis elliottwaves chartpattern ewt banknifty bnfelliottprojection bankniftywithelliot parallelchannelbreakdown gravitational
only for study
according Elliott's wave theory it has completed its 1st cycle perfectly.


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and have a look at its bar ..... aporox 144 bar are there
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So lets assume 5th wave as 1 wave of its higher degree
and 8th wave as 2nd wave of higher degree
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Now there can be some consolidation in 2nd wave ... but after breakout we can assume that it will give an awsm rally for 3rd wave

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THANKS ..
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