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A Complete Report of the Bank Nifty

Before I start, I recommend you to read the following article:
Is Bank Nifty Forming An Ending Diagonal? (September 21, 2021)

Wherein you can find Elliott Wave projection on Bank Nifty daily timeframe’s chart. See below chart:

free nse bank nifty daily chart tips

Has Bank Nifty concluded the 5th wave by making a high of 41829.6? Look at the below chart:

free nse Bank Nifty results & tips

Bank Nifty price is trying to shift at the support trendline of mid-April to June.

  • Has it created A (A B C correction) by making a low of 38426.65?
  • Or is it the sub-wave (4) of wave 4?

Look at the below chart to find correction possibilities:

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21 Comments

  1. The top will be set this week for all indexes … NASDAQ = 16000, DOW 36000, and SP500 = 4650 just before FED announced!
    It might be affected on Our indices.

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