BankNifty - Did You Miss The Explosive Move from 51000 ?

Oct 22

Disclaimer:

This is for informational purposes only and is not a solicitation or offer to buy or sell any securities or products. Consult Your Financial Advisor


As per last idea we proposed that holding 51000 & above BankNifty Index can push upside towards 52050 & Above 52100 - can look for 52900-53100

Happy We achieved 78% of the target & got the maximum points of 1500 points in the Index

Last Idea

What Next ?

Index again forming a similar looking pattern from the highs of 52577 -recent highs & safe traders can look for short term downside moves falling below 52100 towards 51855 - Yesterday's low & 51250 / 51000 respectively.

Regards,
WaveTalks
Abhishek

Oct 22

Trade closed manually

12:51 pm / 22nd Oct 2024

Index close to 51500 - Our 2nd target is 51250 ....Currently 51425 - 51500 is strong support zone

Hope you remember 420's......level what we discussed this weekend over the video...

We close the Short or Selling idea & Out . Hope You enjoyed the idea.

Regards,
WaveTalk