absu21

Bank-nifty short term harmonic Forecast ( Time zone Forecast))

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NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
It seems Bank nifty is in Uptrend I have done a study on harmonic patterns .
As of now it is at the mid of CD leg so following things may happen...

1) If it sustain above 29412 then it may give a TGT 29550 , TGT 29825 , TGT 30170 , Final TGT 30625
2) Now if it start reversal from this level i.e. 29790 and breaks 28550 then we will get a TGT 27990
3) If It start reversal from 29790 level and breaks 28550 then we will get a TGT 27745
4) If it start reversal from 30200 level and breaks 28550 then we will get a TGT 27532

The probability reversal time zone is 26th to 27th December 2020

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