THIS POST IS ONLY FOR KNOWLEDEG PURPOSE ONLY ,BEFORE INVESTING ACCORD TO MY VIEW KINDLY CHECK YOUR CAPITAL RISKS WITH YOUR FINANCIAL ADVISERS. THANK YOU
MY VIEW ON BANK NIFTY FOR THRUSDAY EXPIRY AS FOLLOWS
BANKNIFTY FOR 04 FEB 21
1.IF OPENS ON GAP UP AND GOES UP TO 35940. THEN CROSSES 35000 FURTHER TO 35130-175
2.IF COMES DOWN THE 34525 THEN SHORT THE BANK...
I have here used the ABC pattern with subwaves 3,3,5. In the C wave as you can see is still forming. here are a list of reasons why i believe that this stock is about to correct.
wave C is still still under completion with 2 subwaves remaining.
Double top formation.
Formation of indecision candle on both the tops.
Channel formation where even if the there...