Crack from 11760 Highs
Excited to have the crack & the fall which was amazing in major indices Nifty & Bank Nifty -. Nifty Cracked 250 + points making close by low of 11400 mark & Bank Nifty 1000+ points.
Crab- Pushed to 11600 Highs
Pushed pushed Nifty to 11600 Highs in last trading day of the week.
The move from 11400 to 11600 -looks extremely choppy & hard to digest as crabs can't be digested easily on a lighter note.
Look to sell in 11610-11625 zone for downside target of 11485-11500 & Below 11450 for 11400+ more on downside
also careful once starts trading below 11450 - it should not stay or move above 11450 otherwise 2nd selling should be deleted.
Target 1- 11485-11500
Target 2- 11385-11400- No selling if it stays above 11450 levels
Note - No selling above 11625 levels
Last Published Idea- Revisiting Monthly Wave Count - click the idea
Shall be happy to have your comments
1st Target Zone 11485-11500 Kissed at current low@11496 and Bank Nifty falling 200+ points makes the session - Wow! session
Can we bounce - Yes Please if that zone is intact as suggested earlier.