We have completed 5 Wave move Up since Covid Fall and now in making of 5-3-5 Corrective pattern ((A)) ((B)) ((C)).
Its too Early to confirm Connector ((B)) is completed however assuming it is done, we can now expect making of wave ((C)) Black is in process and we can have entry planned @ 31080 Level with target to en-cash Next Up move of Wave III red.
Trade Plan...
Bank Nifty is forming beautiful Cup & Handle Pattern.
Break Level is 35820 - 35840. If sustains above this level, it can rally to 36800 - 37000 levels.
Keep Tracking...
Thanks
Yuvaa Trades
Hii this is trader Kanishk
This is BANK NIFTY
Here the phase is very volatile and we don't have to took long position in bank nifty.
With till it breaks the trend line and then short it.
this is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any...
