Bank India with key level -109.45 & critical level-108- shall be heading for d-wave where it measures 61.8% of (B)-wave of the triangle. Unless the critical level gets broken- I am assuming Bank India to head upside for target zone 122-124 in the coming days where risk reward is excellent as taking a risk of 2.5% & reward shall be 10%. Incase critical level get broken, then I will need to come back again.
Comments
DebuRoy
⋅
i have bought@ 112.65 s/l 108?
WaveTalks
⋅
Can You take that risk of 108. Usually people blame if stop losses are hit.