Nifty Bank Index
Updated

Banknifty is bearish near term

320
Pls watch out for the leble marked on the chart.
This looks that 1-2-3 of (1) has been completed and may complete the 1 near 45133. Then a bounce back for wave (2) may come. Finger crossed for now...!
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seen all the alternate but not finding any bullish signs..!
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Yes came to 38.2% retracement
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now non-stop 45140
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They have started operating HDFC bank but the efforts will be wasted.
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Now we are in our zone...!
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we are approaching value area gradually...
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One leg of bearishness is still on the way

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