#BANKNIFTY View for next 2 days
🔸 Inverted Hammer in 1 HR TF in uptrend.
🔸 Evening start formation on 15 min TF
🔸 If we assume we are in ABC correction, Wave C can extend to 1.618 - 2.618 of WAVE A:- 36.451 & 35,647
🔸 The invalidation of Zig-Zag Correction will be over above 37,752
🔸 Better to avoid random longs, one is above 38K or once the WAVE C is completed.
Always trade what you see, not what you feel.
Regards,
SG
🔸 Evening start formation on 15 min TF
🔸 If we assume we are in ABC correction, Wave C can extend to 1.618 - 2.618 of WAVE A:- 36.451 & 35,647
🔸 The invalidation of Zig-Zag Correction will be over above 37,752
🔸 Better to avoid random longs, one is above 38K or once the WAVE C is completed.
Always trade what you see, not what you feel.
Regards,
SG
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