bijoy2526

BANK NIFTY ,fallen in line with global sell off?

bijoy2526 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Since some days I have been suspecting this.
Recent upgrations of banks and nbfc how ever had raised a little doubt to my suspicion.
On my post of sept 15 "Bank nifty end of rally" proved to be true.At that time it appeared the rally to be matured.
Yesterday's post mine exactly captured the movement of Bank nifty.
Devaluations of rupee playing major role.
probable next target is shown in the chart along with probable wave counts.
To speak frankly though I had suspected about the end of the current rally bank nifty target,but as per my analysis I was expecting little higher.
Better please follow my pitch fork as it will allow next target and stop loss precisely.
I have been using pitchfork in my trading as in most cases it yields results beyond imaginations.
In some cases it misses..
Please go though my previos posts.
Don't forget to like my post.follow me to get updates.
Comment:
Comment:
Nothing to do.Please watch this pitchfork.You can easily determine your target and
and stop loss.Till now it has worked nice.Don't forget to like this post.

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