Bank nifty delivers when all starts hating it.
this down turn of bank nifty exactly takes support
at the 200 period moving average in 4 hrs time frame.(the chart I have published in 4 hrs time frame)
It appears 2 nd wave retraced 78.6 percent of 1st wave.
1st wave being a leading diogonal.
Bank nifty may come out of congestion with in coming days.
I had stated in one of my post how to trade inside bar.
It is not certain that bank nifty will have huge move next day
last time it had formed 2 consecutive nr7 days.
Let us see this time 2 nd nr7 day takes place or not.
It appears this down turn of bank nifty is 2 nd wave of fifth wave .
No need to say we are in the final fifth wave of larger degree.(please go through the attached chart)
please go through my weekly chart of bank nifty.
don't forget to like my post. follow me to get updates.
this down turn of bank nifty exactly takes support
at the 200 period moving average in 4 hrs time frame.(the chart I have published in 4 hrs time frame)
It appears 2 nd wave retraced 78.6 percent of 1st wave.
1st wave being a leading diogonal.
Bank nifty may come out of congestion with in coming days.
I had stated in one of my post how to trade inside bar.
It is not certain that bank nifty will have huge move next day
last time it had formed 2 consecutive nr7 days.
Let us see this time 2 nd nr7 day takes place or not.
It appears this down turn of bank nifty is 2 nd wave of fifth wave .
No need to say we are in the final fifth wave of larger degree.(please go through the attached chart)
please go through my weekly chart of bank nifty.
don't forget to like my post. follow me to get updates.
