BANK NIFTY for date 17 sep
According to eliott wave,bank nifty is set to move for (b) wave which is little upmove itself . If price crosses above the yellow trendline shown then upmove is sure.
Possible retracement target levels -
1)61% level -41334
2)50% level-41167
3)38% level-41007
expect these targets to be achieved till 22 sept , because 22 sep is also a gann date and expiry of weekly contract .
Remember that 38% level has higher chances to be achieved than of rest two levels mentioned
DISCLAIMER- THESE ARE MY PERSONAL OPINIONS SHARED ONLY FOR EDUCATIONAL PURPOSES,
Possible retracement target levels -
1)61% level -41334
2)50% level-41167
3)38% level-41007
expect these targets to be achieved till 22 sept , because 22 sep is also a gann date and expiry of weekly contract .
Remember that 38% level has higher chances to be achieved than of rest two levels mentioned
DISCLAIMER- THESE ARE MY PERSONAL OPINIONS SHARED ONLY FOR EDUCATIONAL PURPOSES,
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.