dev161971

Possible structure of Bank Nifty

dev161971 アップデート済   
NSE:BANKNIFTY   Nifty Bank Index
The current structure of Bank nifty seems to be following the above chart. Wave 1 seems to be a rare expanding leading diagonal.
トレード終了: 利益確定目標に到達:
As explained in the idea the wave 3 went almost to 39703.7 which is just nearly 4 point below the projected target. But now one will have to be very cautious as market can turn any time. RSI is in overbought region. Macd also signelling weakness. Price action is also moving rangebound.

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