Nifty Bank: ElliottWave forecast

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Nifty Bank 60 mins chart


Nifty Bank was a laggard as compared to other benchmark but it quickly surpassed it's previous high, but today it closed below it's previous day low after four trading days i.e on the daily chart. On hourly chart wedge was taken out giving an indication that prices will fail to move higher. 

From wave perspective, Nifty bank will move in negative direction but how much it will retrace? Learn Elliott-Neo Wave theory in a classroom training or webinar a 4 day course. The fees will be 15000/- Avail 10% discount for first 5 seats on or before 15th November. The course starts from 16th November. For registration call +919324174580.

Comments

Phani Kumar said…
This Information is really good and informative. Thanks for it.
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Ambit Capital
9 October 2020 at 15:53
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