vishalcfa

BANKNIFTY DAILY PRE-EMPTING HARMONIC ABCD

NSE:BANKNIFTY   NIFTY BANK
LOOKING AT THE DAILY CHART LOOKS LIKE BANKNIFTY GOING FOR LEG D OF HARMONIC ABCD BELOW SUPPORT 19100 SPOT WHICH EXTEND CORRECTION TILL 161.8% OF POINT A @18550 WHICH ALSO IMP SUPPORT ZONE
Comment: Finally BankNifty spot below 19100 which was earlier strong supp and also below Point B which also indicate more weakness to continue for LEG D of ABCD
18550-18600 spot is next to watch which is also strong support