Friday, May 12, 2017

Update on Nifty and Banknifty

Both Nifty and Banknifty Currently in bearish setup. 

A negative wolf wave in Banknifty targeting 27400-500 and Nifty has perhaps completed the a-leg up of the second corrective and is targeting 9320 around for b-leg.


If Nifty Spot Holds above 9411 then the bearishness might go and for Banknifty Spot Today , Monday and this month 22704 is crucial.

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