On going rally is strong and not going to stop here. it appears 3 rd wave is in progress. prior to it there was nine wave up move constituting wave 1 and pull back was wave 2. and recent rally is wave 3. Some pull backs are part of up moves. two to three months back I had anticipated this up move which is on record. I have strong logics to believe that this move of bank nifty should surpass 50000. I had anticipated that not now but three months back. Fed minutes in US ahead so some reactins in US market may affect our market too. India has become favourble destination for investment purpose with China economy shrinking and in US still no escape from rate hike.
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Today I had predicted bank nifty target 45650. and high was 45655.
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this is on record too. please do like my post if helps you. follow me to get updates.
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