Elliottbaba

TRIPPLE CORRECTION : ELLIOTT WAVE THEORY (ELLIOTT BABA)

NSE:BANKNIFTY   Nifty Bank Index
TRIPPLE CORRECTION : ELLIOTT WAVE THEORY (ELLIOTT BABA)

Double Correction
- Basic formation ABC
- Wave X can correct ABC to 82% but some time extended till 127-138%
- Idley wave Y must end at parallel line of O-X trendline
- O-X trendline must be retraced in half time of wave Y

Elliott BABA
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