tejas12345

BANK NIFTY IS SLOWING WHAT MIGHT BE THE INDICATION

NSE:BANKNIFTY   NIFTY BANK
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As per EWT if my counts are right then bank nifty is slowing his pace Coz FII's are continuously booking their profits.. this might be the indication that the market might give some reversal if it does we may see a good short rally for the completion of wave C .as market is slowing down coz of US FED announcement, and whole of the worlds index's are also flat.
for those who believes in EWT May be looking for shorting opportunity and all the retail is thinking to go long...

we can only analyse the data which we have or had, let the market (price action) decide where she wants to go ?
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