BANKNIFTY EW VIEW
It looks correction wave A has finished today with 5 wave structure.
B is seems to be formed in 5-3-5 manner.
Bank nifty took support at 100 day exp. moving average with an bullish engulfing candle stick pattern.
High leverage trades are not recommended please do your own analysis to find a trade.
Regards
B is seems to be formed in 5-3-5 manner.
Bank nifty took support at 100 day exp. moving average with an bullish engulfing candle stick pattern.
High leverage trades are not recommended please do your own analysis to find a trade.
Regards
Note
refer the earlier chart here:
Note
Think wave 2 has done today...! 61.8% mark was achieved.Tomorrow high probability of going up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.