UNDERDOG-29

WXY CORRECTION,WAVE W END BEGINNING OF WAVE X

Long
NSE:BANKNIFTY   Nifty Bank Index
BANK NIFTY COMPLETED WAVE W(CYCLE) HAVING 3 SUB WAVES ABC(PRIMARY 3-3-5),AS OF NOW WAVE X CAN TAKE PRICES TO 35000 LEVELS IN 3 SUB WAVES(PRIMARY 3-3-3)TO FORM WAVE X.FROM THERE ANOTHER LEG ON DOWNSIDE IS SHOWING EVENTUAL TGT OF THIS PATTERN @ SUB 30000 LEVELS.

AS OF NOW BANK NIFTY IS BUY @CMP OF 33450 WITH A STOP OF 32700 AND TGT 35000 ON THE UPSIDE.
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