Bank Nifty Future

Atualizado
The Highs for BNF ARE VIRTUALLY UPON US.. Here is how I see the structure currently. Unable to move past 41904 ( give or take 150 points), a FALL follows .To what extent is the FALL?????
1. The Move down from 41820 to 32551 ( marked LINK wave W) = 9569 points.
2. Link wave X follows up retracing to 50% of the down move, and Falls to create Link wave Y at 32335.
3. Where can the next Link wave X go to?????? It will be 32335 + 9569 points = 41904 plus minus 150 points
4. 41904 plus minus 100-150 points to the upside will be the KEY to this market on MONDAY.
5. Where can the link wave Z go down to ????? ( THIS CAN ALSO BE INTERPRETTED AS 5 TOP DONE, A wave DOWN done, B wave UP in PLAY CURRENTLY AND C wave DOWN TO FOLLOW . Hence in MOST cases, C=A ...... so Link wave Z/( C) will be ..... ( assuming this to be the TOP) 41904 minus 9569 points = 32335 to 32000
Remember something .... B wave UP will in all probability OVERSHOOT the Length of A wave, so since A was 9569 points, B will be just a little above this figure. That will mark the TOP of the MARKET for NOW.
Nota
There is a 20-25 % downside waiting for BOTH THE INDIAN as well as the US markets.
Nota
Do NOT keep 41904 as the MOTHER OF ALL FIGURES . Rather keep it as a BENCHMARK. B waves have the Tendency of overshooting A wave by a little margin... by 112.6...123.6 OR 150%. Hence if 41904 holds, rather than shorting the index, keep this as your stoploss and Ride the wave for as much as it extends, BUT, be extremely careful. And then when BNF breaks below 41904, you will KNOW the TOP is DONE for SURE
Trend Analysis

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