In previous post clearly analysed that banknifty is bullish and no weakness and today Banknifty made high 52954 near expected target of 3rd wave : achieved 1.618% level
now profit booking might follow in form of 4th wave.
Today FOMC rate cut news due.. so stay little cautious at higher levels.
Disclaimer : study is educational purpose. I am not SEBI registered.
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.