Bankniftyview
banknifty monday analysis 10 jan 22this analysis is based on option chain data and price action of demand and supply . and there is lot of confusion in the market if market will open gap up or gap down beyond marked zones then next available zones are good after price action. this is a study only plz dont trade on this only do your analysis also.and plz like or comment on my analysis.
Entry Plan for BANKNIFTY 56000 Target 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 : Well In advance
Entry : 31080
Stop Loss : 27000
Target : 56000