Bank Nifty Future
What do you think just happened????? Well its simple. We are still in wave ""B"" in a corrective Rally. Why do you think we had such a massive Bounce on BNF ???? The point is simple, on Tuesday, the Closing NEVER went above 39779 which was the previous high, so today it came back with a vengence to cross above that high to mark wave B. Now this will also mean that any support on BNF at 39794, will take it 1.126 to 1.236% higher than this towards 39980 zone. This is where SHORTS should be made with a 40 points stoploss...I do not recommend any of you try it.
Nota
Why is Nifty down and Bank Nifty up????? Because NIfty made wave B on Tuesday itself by crossing the previous high. Now if This Holds TRUE.... it is only a question of Time before BN n N come into SYNC and Roll Down...Nota
do NOT follow my Theory..... please do your OWN Due Diligence and Trade... I will not update any more Intraday. This market is Looking dangerous to the upside as well as the downside
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.