BANKNIFTY 1D - Is it going to be red to green week?
Currently we are in bear market bounce and can go up to 40600. For this count to play out, first need to drop to 36000 level and bounce from there.
if we drop below 34233 - 34047 level from here then we have a top 38851.43 ( B wave - corrective bounce ) and heading towards next leg down. Monday shall gives us some direction, will post updated count after Monday's close.
Please note this projection is for educational purpose and not a trade advice.
if we drop below 34233 - 34047 level from here then we have a top 38851.43 ( B wave - corrective bounce ) and heading towards next leg down. Monday shall gives us some direction, will post updated count after Monday's close.
Please note this projection is for educational purpose and not a trade advice.
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