Sunday, November 24, 2019

Bank Nifty as of 22nd Nov 2019

Bank Nifty Spot - 

Short below 31080-31060. If 30930 broken more downside possible till 30757.
Long above 31230(or 31175) upto 31361, more height possible above 31361 till 31661.

1. 27568-28858=1290
2. 28858-27737
3. 27737-31205=3468(>261.8%)
4. 31205-30338
5. 30338-31469(done?) -- 31196(23.6%)/31727(38.2%)

If 5th (in 5 subwaves) finished @31469 and correction has started then count for wave A are as-

i)    31469-31242
ii)   31242-31462
iii)  31462-31057(done?)
iv)  31057-31174(done?)
v)   31174-31077(done?)

Is A wave finished (if iii/iv/v are done) or only iiird done and iv th in progress?? and vth to start below 31086?




Nifty Spot - Long above 11960, short below 11890.

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