Elliott wave analysis # possible prediction for 11-17 Jun

10 thg 6, 2021

Projected the possible movement for 11-17 Jun week.

Banknifty


Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.

11 thg 6, 2021

Ghi chú

Inner waves are pending. Looks like it can go above projected level. I will inform when completing.

11 thg 6, 2021

Ghi chú

Nifty completed wave iv of 5.

BankNifty forming complex. There is possibility to break day high again.

Invalidate level: day low 34978 and 15780

11 thg 6, 2021

Ghi chú

Nifty: Wave 5 (green color) completed. Wave 4 is in progress.

Banknifty: Wave X completed.

15 thg 6, 2021

Ghi chú

Updated wave count

Nifty


BankNifty

15 thg 6, 2021

Ghi chú

The up-move would continue after small correction. Nifty may reach 16050-100 level and BankNifty 36000-36100. It may take 2-4 days.