"Bank Nifty- Long Above 19370..for 19440-450(Mini Top)" by trader AbhishekHSinghCMT — published 2016-08-18

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NIFTY BANK (NSE:BANKNIFTY)

NSE:BANKNIFTY NIFTY BANK

There is a mini top in BN at 19367- Price was holding at that level. Any push above 19370 -Mini Top could take BN in the range of 19440-19450 -where next halt could be seen.

Wave-i (Blue Wave) shown wrongly at bottom..it should have come at 18699 High

Regards,
Abhishek H.Singh, CMT

Comment: Kindly do not confuse yourself with wave counts- Main gist here is - there is a mini top. once that top@19370 is taken out..Likely it should travel in the range 19440--19450 for next halt. Regards

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ

i also had the same wave count.
thanks

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