Bank Nifty: Countdown

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On the larger timeframe there is another pattern sitting near the previous high made by BN, I ll update it in the comments.

Regards
Ghi chú
ảnh chụp nhanh
Ghi chú
So the 5th is about to begin with a bang..the gap. Let's see how this one proceeds.
All the best for this week.
Ghi chú
yesbank looking strong so far.
Ghi chú
I am outta YesB..its good to packup in strength.
Ghi chú
LT looks weak as of now but 1378 can be a turning point. Its up to us, which direction we like to play. Do some experiments and learn well.
Ghi chú
LT paid quick six points in pocket.
Enjoy.
Ghi chú
HindUni can show strength in case of positive move in Nifty.
CanBank may show weakness in case index goes lower.
Ghi chú
Read the above comment in relative terms means out-performance and under-performance.
Ghi chú
I am not too optimistic about this BN EWcount now. Potential 4th has gone too deep into the 1st leg so it can be said that morning bang was a the high of a 5th which is truncated short.
Leaving besides EW, we are near a critical level of 26213 in BN as we are at 10638 on Nifty. If both indices break these levels then bearishness might rule once again.
Thanks for ur support.
BANKNIFTYWave Analysis

JJ Singh
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