padiyara

BANKNIFTY: 21444. Below 21400 supports are 21340_21280 & 21210

Short
NSE:BANKNIFTY   Nifty Bank Index
7
For Mon 20170403
BANKNIFTY: 21444 Day Pivot:21477
Below 21400 today’s supports are 21340_21280 & 21210
Above 21480 toady’s resistance are 21550_21660 & 21710

Weekly below 21350 BN supports will be 21310_ 21230 & 21000
Weekly above 21530 BN Resistances will be 21580_ 21660 & 21800
Monthly below 21250 BN Supports will be 21130_20940 & 20630
Monthly above 21640 BN Resistances will be 21757_21950 & 22260

This yet another possibility, the internal wave is almost completing a 5 wave structure and, it doesn’t have the FIBO ratio to the previous wave to become a 3rd wave. Hence, this could be a sub wave of wave 3. OR this could be a wave C of B of an abc correction????
if the count is right Bank nifty will see sub 18000 level.
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