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IM714Z
May 28, 2019 8:37 PM

Expecting A Correction Short

Nifty Bank IndexNSE

Description

About To Complete Its Third Wave Cycle, Expecting An Correction Soon.

Trade closed: target reached

Target Reached As Analyzed
Comments
IM714Z
Ideally the correction should complete reaching the fourth wave and it will be a complex correction if the second wave is an ABC correction. However it’s a guideline and not a rule. For now the time and target analysis isn’t completed and this is just an heads up. The pattern will unveil itself once it reaches 28000 level.
sk12722
Hi...are you expecting a below 20k target for banknifty ?
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