Nifty Bank view for 28-July-2022.

Nifty Bank view for 28-July-2022, today 27-July-2022 was an unusual day, if you notice the ASO indication post the intersection at 10.45 a.m. no further intersection happened - I was expecting one, and I'm confident other would have too, but the rally just continued uninterrupted, with the day from start to finish, a 5 wave Elliot wave pattern seems to have completed in my view and we may have a A/B/C wave pattern happen tomorrow on 28-July-2022, the markets are also news driven at the moment, so anything is possible, the drop seems to have stopped and Bank Nifty has gone back up - which looks as if it is now in a box, there is no fundamental reason for bullishness in my view, Bank's are reasonably priced at the moment, and I see no further reason for extreme bullishness, but markets being markets anything is possible. The view expressed are for education purpose only and people are requested not to take positions based on them, please consult your financial advised before taking any position in the markets.