Bank Nifty Long

As per the above counts it seems Bank Nifty has completed its wave 4 which came after correction of 50% of wave 3. Further the correction was Double correction (Flat+Triangle). also, we can see there is divergence in RSI. Now if we assume the above counts correct than wave 5 should start from here and may end in between 42360 to 45000. Counts are invalid below 37000.









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Wave Analysis

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