Nifty Bank Index

Bank Nifty 11 Jan Elliot Wave Analysis

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Dear Traders ,
Today on 10th Jan 2021 we have seen that BNF has given gapup and close with 600+ point . Now com to the point of Elliott wave calculation as we are observing Flat pattern correction with ABC ,535 . where currently we are in phase of C wave forming its 5th sub wave which is showing leading diagonal . Now the next move of BNF is in Up direction 38450- 500, post touching the point we may see the big down move.

Thnx for reading ..
Elliott Baba

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