bijoy2526

BANKNITY the rally continues.

NSE:BANKNIFTY   Nifty Bank Index
What a turn around today.
First the correction which ended at 42880.
Indeed I was expecting it be 42888.
more or less it touched that.
then it turned upward just from my level.
And this low for the day was not violated.
close for bank nity is 43231.
and it appears to me this wave going to be little bit extended,
But if we get retracement that will be appreciable.
as in its upward journey bank nity has not retraced much from the begining of this rally marked as (1),(2),(1),(2).
in the begining o this rally.
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