Bank Nifty - Explosive 800+ Points MoveDisclaimer:
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WaveTalks - Market Whispers! Can you hear them?
The insights are fascinating, and when combined with old-school analysis, it becomes a lethal combination – as you witnessed today in the markets.
Bank Nifty: Bhelpuri Analysis at its Best!
What you saw unfold today was a result of a bhelpuri analysis. To simplify, this powerful move started with a Bullish Engulfing Candlestick Pattern right at the bottom of the historical level (50939-50950), as highlighted in the last update combined with Wave Analysis
Last Idea - Enjoyed 1350+ Points
Today, Bank Nifty surged by 850+ points, nearly achieving our third target, falling short by just 150 points. But no worries, the magic in today’s waves was undeniable.
Key Psychological Level :
Bank Nifty is now approaching the 52000 mark. If it breaks past this level, we could witness an even more explosive move.
Caution Near 52000 :
However, if it struggles at 52000, caution will be necessary as we approach this critical threshold.
Nifty: Major Surge Across Indices
While Bank Nifty stole the show with its remarkable 850+ point leap, Nifty also saw a significant rally, jumping 490 points in a single day! This synchronized movement in the indices is a testament to the power of blending Wave Analysis with traditional methods.
