BANKNIFTY INDEX FUTURESUpdated #BANKNIFTY completes Wave 1 leading diagonal-expect more upside
Yesterdays top can be counted as the end of a leading diagonal and should now corrected in 3 waves. When done this this should position itself for a long and sustained rally.
Alternate count - count yesterdays move as the completed 5 waves as an ending diagonal - not very likely as the price move/ distance travelled for this wave is miniscule compared to Wave 1
Alternate count - count yesterdays move as the completed 5 waves as an ending diagonal - not very likely as the price move/ distance travelled for this wave is miniscule compared to Wave 1
Trade closed manually
Entry 29570Exiting 30430
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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