Bank Nifty Spot -
Wave counts are not very clear for fall from 32611. Either 3rs is in progress or it's 3rd of 3rd wave.
As of now assuming wave counts are as follow -
1. 32611-32140
2. 32140-32348
3. 32348->31768(123.6%)/31700(138.2%)
Long above 32150, short below 32070; more low below 31970.
Bank Nifty Future (Renko) -
Long above 32350, short below 32270.
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