Bank India- Push till 122-124 zone in B-Wave Triangle
From 78.40 lows -seems that it is shaping into A-B-C correction. A-wave made a high@117.70-since then it moving into a sideways pattern-likely tracing out B-wave, Triangle - In B-wave triangle-looks to move in d-leg internally which can push prices to 122-124 zone where it will face resistance.
Trendline should support this push which is connected between 101.30-108-109.45 - Laxman Rekha - Bank India should not go below 109.45 -key level, then the price can push up till 122-124 zone & form d-leg of the triangle.
Regards,
Abhishek H. Singh, CMT
Trendline should support this push which is connected between 101.30-108-109.45 - Laxman Rekha - Bank India should not go below 109.45 -key level, then the price can push up till 122-124 zone & form d-leg of the triangle.
Regards,
Abhishek H. Singh, CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
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Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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