#Banknifty
"According to the wave structure, a subwave three seems to be in progress. Therefore, if the market opens with a gap-up, it's probable that the 3rd wave will likely continue. Once the 3rd wave completes around (SZ or 48389), the 4th wave might undergo a minor correction ranging from 23 to 38%. This correction is also applicable in the case of an initial market decline. This represents the basic structure. However, if the correction breaches the 38% Fibonacci level, it might extend to the 50 to 78% Fibonacci level."
"According to the wave structure, a subwave three seems to be in progress. Therefore, if the market opens with a gap-up, it's probable that the 3rd wave will likely continue. Once the 3rd wave completes around (SZ or 48389), the 4th wave might undergo a minor correction ranging from 23 to 38%. This correction is also applicable in the case of an initial market decline. This represents the basic structure. However, if the correction breaches the 38% Fibonacci level, it might extend to the 50 to 78% Fibonacci level."
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.