yes possibility is there. under these conditions. Bank nifty should not violate 42550. should trade side ways in the 1 st half. there may be possible break out in the 2 nd half. let us see what happens.
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three way move is there it is obvious from the chart.it can be either a,b,c or 1.2.3. so it has to take out 43000 to prove its establish its 5 th wave.
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it has gone below 42550. no more it is 1,2,3.
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Note
three targets for bank nifty. first two already touched.
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