Is Bank Nifty Forming An Ending Diagonal?

Mr.DevSeptember 21, 2021, 6:29 pmSeptember 21, 2021 6 23681

Bank Nifty has completed the corrective wave (4) at 31208.
After the climax of wave (4), we have seen an impulse phase with overlapping nature. According to Elliott’s wave theory, 5th wave can become an ending diagonal.

I will update the intraday chart of the bank nifty soon.

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Mr.Dev

Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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6 Comments

vishwas verma says:
September 21, 2021 at
Amazing chart! I want more charts. Thanks for sharing
Reply ↩
Faraz Mirza says:
September 21, 2021 at
Hello sir, I would like to know about Nifty. Your last call was impressive.
You are doing great work for individual traders. Guru and dev both are market wizards!
Reply ↩
Pappu Yadav says:
September 21, 2021 at
Analysts are scared to share the Banknifty ideas.
I must say you have guts. Bank nifty’s move is very complex this time. Everybody is silent about the next move.
Reply ↩
Javed R says:
September 21, 2021 at
Bank nifty ke chart bahut hi kam log update karrahe he. bahut hi badiya chart banaya he.
Reply ↩
V.P.SINGH says:
September 21, 2021 at
excellent expression of Bank Nifty charts, we all required daily up-date of charts . if possible thanks
Reply ↩
1. Moneymunch.com says:
  September 22, 2021 at
  Try our premium service to get daily research reports and updates.
  Reply ↩

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NEWLY PUBLISHED COMMENTS: READ WHAT THEY’RE TALKING ABOUT...

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TCS me enter lene vala tha but apka chart dekhke me opportunity ka wait karraha hu.
Mehul Gawswami said on Oct 26 2021
Nice Idea. Thanks for the update.
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