Bank Nifty Spot -
A. 32156-31445
a. 32156-31774
b. 31774-32021
c. 32021-31445
B. 31445-32117
a. 31445-31877
b. 31877-31554
c. 31554-32117
C. 32117->31238/31134/30967?
i) 32117-31695=422
ii) 31695-331881
iii) 31881->31298(138.2%)/31198(161.8%)/31037(200%) - done at 31253?
iv) 31253->31402(23.6%)/31494(38.2%)/31642(61.8%) - done at 31408?
v) 31408->31204(23.6%)/31078(38.2%)/30875(61.8%)
If BNS stays below 31375, short positions can be taken OR 31375 can be used as stop loss for short trades. Breaking 31200 will further open doors to 31050+/-.
Above 31390 more height possible till 31500 & 31600-50. This might be 'c' wave of ivth wave.
Long above 31390, short below 31270.
Nifty Spot -
Long aboe 11940-80, short below 11890.
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