Week End with Month End

This Week end is also Month end and 1st July, 2017  is is GST implementation.  Banknifty and Nifty both oversold on lower timeframe charts. Banknifty has formed a bullish 3-drives and in the process of forming the last d-leg up of a bearish ABCD.  Nifty is on a double bottom. The entire set up looks bullish for the Week.