Nifty Bank Index

BANKNIFTY CONTINUE TO LAST ANALYSIS

96
It seems we are going in same direction.
(a) has been done downward sharp decline.
Going for (b) of which 'a' has been done 'b' has been done.
Now moving for c of (b).
Wave 1 of c has been done correcting in wave 2 of c.
May be a decline for completing 2nd wave of c will be completed in morning and then we can move for wave 3 of c, have indicated all levels.
We have limited upside, i.e., 61.8% of (a) wave.

This is not a trade advise, please do your own analysis before going for trade. (I may be wrong in my analysis)

Regards.

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