Banknifty in wave C(5)

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banknifty in last 5th wave of wave C..
stay little bit cautious at lower level..
down side support near 49365 and 49000
Breaking of 2-4 trendline will be 1st signal of weakening of downtrend

١٩ أغسطس ٢٠٢٤

ملاحظة

Banknifty as expected bounced after completing wave C(5)
now upside level gap area and trendline resistance near 51400

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ملاحظة

high made till now 50759...

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ملاحظة

high made till now 51025

٢٠ أغسطس ٢٠٢٤

ملاحظة

now downside important support is 50850-50900 breaking of which bring some weakness / profit booking