Wave B of (2) completed. Wave C of (2) started its journey.
Invalidate level: Nifty 15700 and Banknifty 35480
Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Banknifty update:
Invalidate level: Nifty 15700 and Banknifty 35480
Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Banknifty update:
Comment:
There are only three possibilities:
1) as per analysis (if open below last close and break day low)
2) after some pullback (~ 70%), it should fall as per analysis
3) Sideway correction (here there is chance to break Friday high as irregular correction)
Not seeing any strong up-trend, at-least for next 2-3 days.
1) as per analysis (if open below last close and break day low)
2) after some pullback (~ 70%), it should fall as per analysis
3) Sideway correction (here there is chance to break Friday high as irregular correction)
Not seeing any strong up-trend, at-least for next 2-3 days.
Comment:
So far wave formation suggests no big fall. It may be sideway correction.
Comment:
Banknifty updated wave count
Comment:
Banknifty from 19th April
Nifty
BankNifty