Banknifty

19 thg 12, 2022

the pre-market indicates a slightly positive start. Market nature is slightly bullish to bearish. if the opening market rejects sharply then we will expect correction continuation, at the same time there is going sub-wave 5th, so once the 5th will finish then we will expect an ABC pullback. On the other hand, if the opening pullback sustains, then we will expect minor consolidation to pullback continuation. it will min reach 23 to 38% fib level.