CodeViser

Bank Nifty Mid term Idea for march Month

NSE:BANKNIFTY   Nifty Bank Index
hi,

First happy to all of you... We had seen a massive blood bath from couple of weeks and main question is when it will gonna to stop and where is the bottom of index, Well Index is currently trading on Harmonic PRZ. Did take a bounce from here in last trading session but remember harmonic predict only swings . Harmonic prz not a signal for trend change. we will need to wait for bottom out and for this index is need to trade in a range some time then we can say the bottom out. Keep an eye 25800 because of PRZ area. Index will give free fall on breakdown and will approach on next harmonic prz which is 23000

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