Thursday, April 03, 2014

Banknifty wave counts

Hi friends,
                     In my last post i had shown the bigger picture of Banknifty .
RBI policy was a non event ,Still banknifty started a small correction.
Let me show the chart.
Banknifty wave counts
From the chart we can see
Banknifty has done WX
and right now in Y
I expect banknifty to
do 12400 over next few days
as long as 12750 is held.
Overall a slow time consuming
correction which should set the
base for next rise.

Lets see how Banknifty moves from here.



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