BANKNIFTY - HEADS OR TAILS? - IT'S TAILS! (BEARS)

5 thg 7, 2022

BANKNIFTY (30mins tf) - In elliott count observation, we can see an ending diagonal has formed. Breaking the level 33080, leads to a bear trend where it's minimum target shall be 28k. If It goes beyond the upper level/stoploss 36083, then there will be bullish movement, and target will be updated if it crosses this condition. So as per now, focused on the ending diagonal. Let's see how market takes on the trends!
-Definitely not SEBI - Registered. So, this is only for educational purpose.
Trade wisely!