So far we have from bottom to up here, in my view its a corrective rally it might have confused the laymen and most senior analyst, we can see it is making more corrective structures whenever it is coming to the knowledge of the analyst, If our counting is correct we might see a new low in bank nifty. Its my view and it does means a buy sell recommendation but if we are in a corrective move then we will have to see the final destiny of the underlying instrument.
Structures are clearly shown in the chart, you can ask where you get some doubt.
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