bank nifty analysis

٢٥ أغسطس ٢٠٢٢

Dear Friends, I have come onto the forum after a very Long time. Please remember WAVE X typically does not cross the previous minor iv. Even if it does it must take out this zone for a meaningful Rally, else we are headed down to complete WAVE Z

٢٥ أغسطس ٢٠٢٢

ملاحظة

Nifty has made a sacroscant mark at 17711...... this will be tough to cross now. Opening tomorrow below 17374, opens up the gates for a break towards 17100 and lower. We get into a BEAR phase once Nifty breaks below and stays below 16540