BANK NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE )

2nd wave of the 5th wave have ended, 3rd wave of the 5th wave has started.

bank nifty also consolidated today and formed a bullish flag patter and it gave a good breakout

it have also formed the AB=CD Harmonic pattern

so expecting a gap up opening of minimum 200 points tomorrow

after the completion of 3rd wave expecting a quick fall as a retracement

above details are purely for educational purposes only