Bank Nifty opened little gap down. Today's low was 17829 (exactly equal to yesterday's low). It was double bottom and Index bounced back. Below is 15 min chart:
So wave "a" of 4-(B) completed at 17829 and wave "b" probably completed or near completion. Post completion of wave "b", wave "c" will come down and I expect it sharper one! Wave 4-(B) is looks like flat correction where wave a = wave b. target for wave "c" (4-(B)) will be 17768(1.236% of "a")/17735(1.382% of "a").
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