Monday, February 17, 2020

Bank Nifty as of 17th Feb 2020


Bank Nifty Spot  -

Looks like 'A' wave done from 31599-30635(in 5 subwaves). Corrective 'B' wave may start holding 30635. Positive divergence formation in 15 mins chart??

Likely targets for 'B' wave are 30863(23.6%)/31003(38.2%)/31231(61.8%).

Long above 30797, short below 30637. If price sustain below 30790, go short.

Bank Nifty Future -

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