sreebhashyam

NIFTY: The Weight and the Evidence

NSE:BANKNIFTY   Nifty Bank Index
Coming to the subject of TA, it is always case of evidence as well as the weight of evidence.


The HDFC bank MSCI is the analogy that we will see in the coming day.

The picture was pencilled in a few days and the market moved in perfect shape.

Did we end the smaller degree wave 3 and are we in far higher towards the 52600-800 or a new ATH.

The fading is the approach, and one word from MSCI, which was the case last time too, the market can take U turn.

Lots of events and data, this one is in a rotating range than anything else.

Support 51900-51700

Supply 52400-52600-52800-53100

TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.