PSU Bank Index A changed world
1 Feb 2021 ● 08:34 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.