Previously my forecast was in line with Nifty forecast , and I was looking Extended view in Bank Nifty ,
Apparently the the inline patterns have de-coupled from each other , there was always an relative movements between them , NIfty and Bank Nifty
this time its not , Institutions are more smarter , they put most complex patterns in order Gain Maximum benefits , well its their business
As A professional analyst , we tend to have more dedicated approach when Question come to Indices , which are highly rigged ,
This one is heading up for one sharp extension move before making an relative correction ,
One can look for buy set up in BNF for next couple of days or until this visual pattern negated ,
Good luck
Apparently the the inline patterns have de-coupled from each other , there was always an relative movements between them , NIfty and Bank Nifty
this time its not , Institutions are more smarter , they put most complex patterns in order Gain Maximum benefits , well its their business
As A professional analyst , we tend to have more dedicated approach when Question come to Indices , which are highly rigged ,
This one is heading up for one sharp extension move before making an relative correction ,
One can look for buy set up in BNF for next couple of days or until this visual pattern negated ,
Good luck
it might have not worked 100 % but its made the possible expected move ,
Now i am looking for turn around near 20200 to 20400 for next move up side direction