BANK NIFTY WAVE TALK
Guy I had updated a chart of banknifty earlier, we are in wave 4 of higher degree and we are in wave 4 downward also. we can see substantial lower level if we give a breakdown from the current levels which is standing at 61.8% of wave 3 downwards. Wave 3 down did not done its 161.8% target we can assume we will see an extended wave 5 which will complete the targets of wave 3 and wave 5.
We can see banknifty around 36k in few trading session.
Be safe do not long with conviction.
Wait for reversal if any happens in few days.
if you like it hit like and otherwise comment.
Regards
We can see banknifty around 36k in few trading session.
Be safe do not long with conviction.
Wait for reversal if any happens in few days.
if you like it hit like and otherwise comment.
Regards
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Disclaimer
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.