BANKNIFTY clearly formed double bottom on lower side in small time frame. Also it has ended B wave with Truncation Pattern.
It will start C wave upside. For this week it is Good to buy at Lower level.
For 23 March intraday
BUY when sustain above 34720 with SL 34330 Tgt around 33350,34875.
Lets See in Coming days how it unfolds the pattern, Then we can take...
It is a good Bullish Corrective Pattern For nifty.
From This point its is better to buy and sell at high level. According to Wave theory.
Disclaimer- this is for educational purpose only. Always believe in your analysis.
Be Careful..!! Always take position according to you risk. Analyse According to your method.
SL is of 11 Points and lot size is 3200.
Buy as low as possible... 1st TGT 217. SL 200.
Disclaimer- Education purpose only.