Sunday, February 23, 2020

Bank Nifty as of 20th Feb 2020


Bank Nifty Spot -

Wave 'B' done @31082 - a 61.8% retrace of wave 'A'. Now 'C' has started keeping below 31082. This 'C' wave can target 29743(if 'A'='C').

Now in subwaves - If 1st of 'C' is in progress as per below -

C.1.1 31082-30968
C.1.2 30968-31050
C.1.3 31050->30865(161.8%)/30822(200%)/30751(261.8%)/30708(300%)/30638(361.8%)


Long above 31037, short below 30875.

Bank Nifty Future -

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Bank Nifty as of 31st Mar 2020

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