Monday, March 24, 2014

Banknifty rallies

Hi friends,
                    In my last post on Banknifty ,I had mentioned about this rally which
we saw today.
Now since the minimum target i expected is done ,Traling should be done
with 12300 spot price.
Lets look at the present picture.
Banknifty rallies
Now till 12300 holds
things look good but below
12300 we can have a c wave
correction.My overall count
suggests an expanded flat
correction we saw 3 wave A
3wave B now a 5 wave C is
expected if we go close below
12300.So have this scenario
in mind when you trade

Lets see how banknifty behaves in coming sessions.



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