#ElliotWave analysis of #banknifty on the 1D timeframe.

#ElliotWave analysis of #banknifty on the 1D timeframe.

we are in wave 5, the upside target is between 38,853 to 40,710, but expect a dip to 33K before continuing the upside journey.

The 1D EW analysis has to be read in conjugation with EW analysis of 1M TF

Regards,
SG