Bank Nifty as of 27th Nov 2019

Bank Nifty Spot -

Negative divergence still visible on hourly chart.

Wave counts from 31056 - 

1. 31056-31813=757
2  31813-31467
3  31467->32403(123.6%)/32513(138.2%)/32692(161.8%)


3rd wave subdividing further as -
3.i    31467-31893=426
3.ii   31893-31735=158(~38.2%)
3.iii  31735->32262(123.6%)/32424(161.8%)/32587(200%)/32668(223.8%)

Long above 31920, short below 31840-31800. More low below 31750.



Nifty Spot - Long above 12120, short below 12070.