BANKNIFTY likely to go up aggressively Wave 5
Hi,
If BANKNIFTY crosses 22907 then wave 5 will be confirmed
then going long which is more likely since look like we will have gap up opening
If it breaks the Friday close then it is confirmed that Banknifty will be bearish and selling will be good trade
At the Friday close BANKNIFTY is on the edge and in my chart i have considered it end of correction wave 4
Regards
FMS
If BANKNIFTY crosses 22907 then wave 5 will be confirmed
then going long which is more likely since look like we will have gap up opening
If it breaks the Friday close then it is confirmed that Banknifty will be bearish and selling will be good trade
At the Friday close BANKNIFTY is on the edge and in my chart i have considered it end of correction wave 4
Regards
FMS
Trade closed manually