3RD Wave is under progress. Gap down will confirms its 3rd wave journey towards 176 levels.
BANKNIFTY , B-C wave is long 5 waves, it moves in single direction. Trading friendly wave.
Indiabulls housing finance, looking bearish. Generally 3rd wave confirm with GAP. In this case, Monday, if IBULHSGFIN opens with GAP down, which confirms going downside with target of 176 levels.