FROM LOW OF 21360 BANKNIFTY HAS COMPLETED WAVE A AT 25670 AND NOW WAVE B IS IN PROGRESS WHICH IS PROGRESSING AS AN ABC STRUCTURE. BANKNIFTY WOULD MOVE SHARPLY UPSIDE ONCE THIS WAVE B IS COMPLETE WHICH MAY ALREADY BE COMPLETE OR IS VERY CLOSE TO COMPLETION. THE COUNTS WOULD BE NEGATED ON BREACH OF LOW MARKED AS START OF WAVE A.
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