#banknifty view till budget #2022.
7802, 18.65 % correction is a very healthy correction.
Harmonic Bearish Shart Pattern is getting formed, which gives an upside target of 41k by Feb end or Mar'22.
Don't get panic, use this fall as buying opportunity.
Regards,
SG
Looking For shorts keep an eye
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Bat Harmonic Pattern is completed on daily chart of CG power. Price has reversed from the Points D , which is also confluence point of trend line . Stop loss could be placed below Point X , but tend line would be better for stop loss. Rest is explained on the chart.
Disclaimer : This is for education Purpose only
