Looks like a Bank nifty is into larger correction ahead into cycle degree 2, I would stay low on investments and watch out trend very carefully
Last Leg up for INFY is left ! Stay Cautious on long holdings !!
NIFTY HAS COMPLETED ITS 5 WAVE ADVANCE AND EXPECTING TO HAVE A LARGER DEGREE CORRECTION. WAVE 3 WAS 1.27 OF WAVE 1 AND WAVE 3 IS EXTENDED USUALLY WAVE 5 IS IN EQUAL LENGTH OF WAVE 1 WHICH IT HAS ACHIEVED. MOREOVER WE HAVE ALSO DEVELOPED AN ENDING DIAGONAL IN THE WAVE 5 . TIME TO BOOK PROFITS IN NIFTY AND SIT ON CASH . !