Nifty Bank 1 hrs Tim Frame EWT Analysis
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Bank nifty 1 hrs time frame EWT Analysis
We have a motive wave 46014 to 53308 subdivided by ((i)) ((ii)) ((iii)) ((iv)) ((v)) minute degree becomes 1 minor degree.
After completion of motive wave we have corrected previous leg up to 50% (49651) becomes 2 minor degree, the price trade in regressions channel can be said as corrective waves because price information follows corrective waves' rules and guidelines, so we can denote them as ((w)) ((x)) ((y)).
After corrective waves, traders or investors can anticipate impulse wave which is now incomplete (v) but soon be completed. After completion it would become a motive wave as leading diagonal (i), later on we would correct the leading diagonal up to 50% to 61.8% (ii). Buyers should find a suitable support area to buy to join the next impulse(iii).
We have a motive wave 46014 to 53308 subdivided by ((i)) ((ii)) ((iii)) ((iv)) ((v)) minute degree becomes 1 minor degree.
After completion of motive wave we have corrected previous leg up to 50% (49651) becomes 2 minor degree, the price trade in regressions channel can be said as corrective waves because price information follows corrective waves' rules and guidelines, so we can denote them as ((w)) ((x)) ((y)).
After corrective waves, traders or investors can anticipate impulse wave which is now incomplete (v) but soon be completed. After completion it would become a motive wave as leading diagonal (i), later on we would correct the leading diagonal up to 50% to 61.8% (ii). Buyers should find a suitable support area to buy to join the next impulse(iii).
Transaction en cours
Short term target achieve 
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