Bank Nifty (Neowave Update)

١ مارس

BANKNIFTY

I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.

Thank you
_____________________________________________
Degree full forms-
L1 stand for Long term wave 1 and so on
M1 stand for Medium term wave 1 and so on
S1 stand for short term wave 1 and so on
_____________________________________________
Key Points-

Stoploss- 44780
This needs to break for the confirmation of downside.

Support level- 45661
Use this as a stoploss for buying position

Target1 - 47200, Target-2 48800
______________________________________________
Probablities-

# we are in up cycles now, which is in sync with SC series.
So we will see bulllish ((i)) , ((ii)) and so on count.

#There is always comes a word "but" which says follow risk managment.

But Scenerios

Incase 1 support level is hit, Than stoploss also hit mean cycles is change.
Incase 2 if support level is hit and stoploss is not, than SC4 is still going

changes of case 1 is more in case of breaking of support level.

Thank You
______________________________________________
Medium Term Forecast

______________________________________________