Bank Nifty: Bullish - short term target@47320

تم تحديثه
From Elliott wave principle it is identified Zig Zag correction ended at price 44444 and started forming leading diagonal pattern an impulsive price action labeled as Wave (1)/ Wave(A) now
this wave also retraced by corrective price action of Zig Zag contained with in the parallel price channel labeled as Wave (2)/ Wave(B).
Price on break above this parallel price channel price could project to a Fibonacci level of 100% target at price @ 47320
If price move above this level next target could be @ 48260 at Fib Level of 1.382%
Next Target could be Fib level of 1.618% Price @ 48840

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BANKNIFTYWave Analysis

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