Strike Analytics

PSU Bank Index A changed world

1 Feb 202108:34 AM

Nifty Public sector banks index calls for a change in wave count following the announcements today. I was thinking the advance is an X wave but now changing it to 5th wave truncated at the Oct bottom along with the PSU sector and an impulse up starting. This means that wave 1 and 2 completed recently and wave 3 up started. 3=1 is near 2800 but can also extend to 161.8% of wave 1.

Nifty Public sector banks index calls for a change in wave count following the announcements today

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