Bank Nifty Elliot Wave Analysis

Updated
Bank Nifty looks to be entering a corrective phase now.
We can buy Out of the money PUT option to take advantage of this move down.
This corrective move can extend maximum up to the 16000 levels.

Trade closed: target reached
Correction seems to be over and we are very close to the starting point of wave 1.
BANKNIFTYElliott Waveelliotwaveanalysisshortsetup

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