Bank Nifty respecting Elliott wave principle

Bank Nifty is making a very good structure with Elliott wave counts.

As per the Elliott wave principle, Bank Nifty is about to complete its 4th wave correction i.e. Flat. . This 5 wave move, the C of Flat will be the Ending Diagonal.

Bank Nifty can possibly drag below up to 30536. After that, the good impulsive rally of the 5th Wave can be seen by the viewers and played by the traders.

Thanks
Traders Mantra