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correction may come....
Nifty Bank Index
Long
correction may come....
By prabhuchinagudi
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Oct 16, 2021
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Oct 16, 2021
for short term as of now BN is highly bullish from the options&futures data.
as shown in the charts it may take a correction move if it din't sustain above latest daily candle..
37500
is the deciding zone for the downside from there it may continue another impulse move according to data.
for the next move after correction 42500
is the target which ic the impulse range.
and 37350-37450 level will lye on the 68% fibo rejection from bottom to top..
Chart Patterns
Trend Analysis
Wave Analysis
prabhuchinagudi
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