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#BANKNIFTY look for a surge ahead out of the wave 4 triangle

Long
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
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NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Chart Patterns Wave Analysis BANKNIFTY NIFTY indianstocks
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chartpattern waveanalysis banknifty nifty indianstocks
This surge out of the wave 4 can be expected in the next day or 2, Risk stop will be 29180. Targets can be between 30800 to 31800. That is a good move for the risk. Watch for strength in the initial hours and stay long if the morning lows are not broken the next 2 days.
Michael @ SolomonsView

Twitter - @SolomonsView

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