I was expecting 'Triangle correction', but based on Friday formation, it could be combination correction. For more details, refer the chart.
BankNifty
BankNifty
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Wave count from Mar'20 low and also covers count from 14151 level.
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The pullback (up-move) is still pending. See Banknifty it has to reach 35250 level
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Updated wave count
Nifty
BankNifty
Nifty
BankNifty