Elliott Wave Analysis of BANKNIFTY spot

#31
Update as of 13-Sep-2019 closing:

Quite a long time we posted here.

The short initiated above was covered ~28600 and anpther short was initiated around 28900 and was covered ~27750. Quite happening times.

We believe, there is a (read disclaimer first!!!) big downside in the making, see charts below. We'll go short (read disclaimer first!!!) ~28200-28350 levels for ~4000 points downside.

Roadmap:
1568482220293.png


Hourly:
1568482235240.png


Disclaimer: I am not a certified financial analyst. I have started this thread to track the Elliott Wave Analysis of NIFTY (or any security/instrument discussed by me) for MYSELF. By no means the content in my posts should be taken as any sort of advise to buy or sell anything; anyone doing so is doing at his/her own risk. I AM NOT RESPONSIBLE FOR LOSS IN ANY FORM (INCLUDING - BUT NOT LIMITED TO - FINANCIAL) INCURRED BY ANYONE
 

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