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Manickamtraders
Sep 9, 2022 3:21 AM

Banknifty Long

Nifty Bank IndexNSE

Description

The global market indicates a positive start. Market nature is bullish to neutral. The market may open a gap-up and if the market rejects around the harmonic supply zone, we expect a minor correction. This is a three-wave structure min 23 to 38% fib corrective wave. On the other hand, if the market takes a consolidation around the HSZ, it is a sign of trend continuation, take your position after the consolidation break.
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