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WaveTalks
Feb 10, 2023 5:43 AM

Bank Nifty - Alternate Bearish Bat (Careful in 41650-41700) Sell Short

Nifty Bank IndexNSE

Description

Traders have to be careful as alternate bearish bat with XA 113% rejection zone lies in 41650-41700 zone.

Once you see market commitments then you may also join the force for downside target as mentioned below

41425
41250
41100

Stops - Avoid Selling If fails to fall from the suggested zone 41650-41700

Trade closed manually

9:53 am / 13th Feb 2023

Last @ 41487

1st Target achieved at 41425

Trade closed manually

9:53 am / 13th Feb 2023

Last @ 41487

1st Target achieved at 41425

Comment

10:11 am

Last @ 41308

Comments
Akshay77
Thanks sir.
WaveTalks
@Akshay77, Welcome
DARBE1
thank you
WaveTalks
@DARBE1, Welcome
angu012d
sir any view on BANKNIFTY
equityrider99
Sir...As Nifty And bank nifty very crucial now a days, Request you to update Nifty & Bank Nifty levels if time permits you. Thank you. Most awaited analysis.
harissampath95
what 113% of XA means sir
patilpadmapriya9
Hello sir u feel market will correct from that zone
WaveTalks
@patilpadmapriya9, Yes, markets would correct if next it should hold below 41600-41611 or opening gap up also we it should not spend more than 10 mins above 41600 then very much possible., It falls & targets get achieved as mentioned in the idea above.
ashokakbari
awesome!!!!!!! I missed fall... galti se mistake ho gaya.
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