Will there be pull back or it will fall?
Updated
Was checking the details for its sudden fall of bank nifty.
There is much similarity of this hourly chart with its weekly chart,
If its correction ends at this point.
Nothing strange has occurred in the 2 nd half.
if we look at the broder picture and look at its weekly chart.
how was my last post of bank nifty.
the chart has self explanatory.
Looking forward what is going to happen tomorrow.
will it pull back ot fall a little lower(it has retraced 50 percent of the wave)
if falls a little more it should touch 61.8 percent.
but in no circumstance it should go below the origin of this wave
shown by horizontal line.
connect with me by liking this post and following me.
I am still have bullish view in bank nifty.
how was my last post of bank nifty?
There is much similarity of this hourly chart with its weekly chart,
If its correction ends at this point.
Nothing strange has occurred in the 2 nd half.
if we look at the broder picture and look at its weekly chart.
how was my last post of bank nifty.
the chart has self explanatory.
Looking forward what is going to happen tomorrow.
will it pull back ot fall a little lower(it has retraced 50 percent of the wave)
if falls a little more it should touch 61.8 percent.
but in no circumstance it should go below the origin of this wave
shown by horizontal line.
connect with me by liking this post and following me.
I am still have bullish view in bank nifty.
how was my last post of bank nifty?
Note
Note
nasdaq bank had broken recent low .Hence keep our nifty bank in watch list for the time beingNote
Note
nice bounce of bank nifty.Note
Note
still valid as long as 38996 is not violated.
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