bank nifty is on the last wave i.e. wave five in the higher degree. In which wave 1 and 2 in the smaller degree is over and wave 3 is in progress. Tiny Wave 1 in the 3rd wave is over and wave 2 is in progress.
As you saw how today market went high 41401. Tiny wave one can cross a mark of 41900 42000 before it goes into correction to form tiny wave 2 of wave wave 3 in higher degree. In brief bank nifty is in bullish mdoe until it finishes tiny wave 1 of wave 3 in higher degree ( secondary). We will discuss further on tiny wave 2 of wave 3.
this is only for educational purposes. We are not responsible for any loss or damage.
As you saw how today market went high 41401. Tiny wave one can cross a mark of 41900 42000 before it goes into correction to form tiny wave 2 of wave wave 3 in higher degree. In brief bank nifty is in bullish mdoe until it finishes tiny wave 1 of wave 3 in higher degree ( secondary). We will discuss further on tiny wave 2 of wave 3.
this is only for educational purposes. We are not responsible for any loss or damage.