BANKNIFTY - ENDING DIAGONAL - END FOR BULLS - ELLIOTT WAVE

BANKNIFTY forms ending diagonal at wave C. If it breaks the lower red line as shown.. It will lead to major fall. If it moves upon the above red line ( stoploss ) shorterm upward momentum can be seen but no so much, yet falls again. So Plan your trades wisely.
Definitely not SEBI - Registered. So this is only for educational purpose.