BANKNIFTY seems to be in 2nd wave....
And it might open GAP UP.
The retracement of wave 1 is appx 93% The invalidation for the analysis is 35430 (that can act as SL for longs)
Always understand the risk in the underlying security.
Thank you.
And it might open GAP UP.
The retracement of wave 1 is appx 93% The invalidation for the analysis is 35430 (that can act as SL for longs)
Always understand the risk in the underlying security.
Thank you.
Comentário:
Sorry guys the analysis was invalidated as it crossed the invalidation level mentioned on the char.
Comentário:
Will come up with some good chart patterns and analysis.