Bank Nifty (Neowave Update)

NSE:BANKNIFTY   Nifty Bank Index
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Degree full forms-

L1 stand for Long term wave 1 and so on
M1 stand for Medium term wave 1 and so on
S1 stand for short term wave 1 and so on

Key Points-

Stoploss- 44780
Use this as a stoploss for buying position.

Target1 - 48100, Target-2 49086
# we are currently in SC6 and with the SC7, our short cycles wave group should complete. With the completion of SC7 our wave-(B) will also be completed.
See below chart

Our previous Updates-


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