raghavendrakumart
Long

Banknifty long

NSE:BANKNIFTY   NIFTY BANK
63 3 2
Wyckoff Consolidation pattern - awaiting for huge upmove.
Comment: Test of 7 spring. 8 rest, 9 jump, 10, 11, 12 to follow
Comment: 8 test going on..once done..price should follow 9 jump....10, 11, 12.
Trade active: After the 8 test at 17600...price complete the consolidation pattern and on track ..of a huge upmove . Covered 1400 points already. Holding 18860 aggresively and 18600 conservatively expect more upsides
Trade closed: target reached: A 1700 point rally from the Wyckoff consolidation pattern lows.
A clean 5 wave completion...

Trading idea closed.
Raghavendra ! so can you please update your views on Bank Nifty on Chart please.......
Reply
thnx much! for ur on time view.
Reply
Test of the 7 spring is done @ 18122...now for 8 test and then 9 jump...10, 11, 12 to follow
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