Tuesday, February 25, 2020

Bank Nifty as of 25th 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 31082-30338

C.2 30338->30610-30640(flat?)
C.3 30640->29896/29720

Long above 30535, short below 30368. Look for weakness near 30600+/-.
More low below 30336/30235 and high above 30650.

Bank Nifty Future -


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