If bank nifty starts trading above today's high, the possible path is on chart.
Using previous wave (Assuming the last wave is completed & today low will be intact).
Horizontal lines will act as S/R.
This is for Study & knowledge purpose only.
Comment:
@40K is major resistance...if crossed it successfully we may seen higher side, else this pattern may fail & BN starts towards new recent low.
Trade carefully on Monday & till this month end.
Trade closed: target reached
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Trade carefully on Monday & till this month end.