biokon70

Banknifty Elliot wave analysis

Short
biokon70 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty maybe currently in corrective wave
44020/44150 is strong supply zone and wave C end 44068 end .

If market touch supply zone and price action in small time create lower low then I'll prefer short the market,

Or if in case market may break 44150 level then we can see upside 44350 level.
Trade active:
44020/44140 zone face rejection now I'm hold this trade for target 43850/800
Trade closed: target reached:
44020 near sell and 43850 is my target, now got 150+ point exit position.
If market break 43800 level then we'll see 43600-43520 level.
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