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Neowave-forecast
Mar 15, 2024 1:06 AM

Bank Nifty (Neowave Update) 

Nifty Bank IndexNSE

Description

I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.

Thank you
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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
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Key Points-

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

Target1 - 48100, Target-2 49086
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Probablities-
# 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


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Comments
Madbull1992
sir can u please share long term wave structure in current banknifty chart! I have a confusion about where the 3rd wave after covid low has ended or even if it has ended or not?
Neowave-forecast
@Madbull1992 sure I will do it till Sunday........
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