RUDRA007
Short

BANK NIFTY SPOT PROBABLE SHORT CANDIDATE

NSE:BANKNIFTY   NIFTY BANK
BANK NIFTY SPOT IS MOVING IN CYCLIC MANNER,, 15 TO 17 DOWN BARS AND AFTER THAT 4 UP BARS,,, EVERY TIME DOWN CYCLE CONSIST OF 1700 POINTS DOWN FALL,, LETS SEE WHATS IN STORE IN COMING DAYS,, IF THIS HAVE TO PAN OUT TILL 20 FEB WE WILL BE TRADING AROUND 29100 LEVELS,,,

Comments

Good analysis... This is 3 drive pattern I guess... today it retraced 61.8% of the entire fall...Now must start falling again....
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nice observation. Good stuff
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