BANKNIFTY : IN : D : Potential movements from here..
BANKNIFTY - W AND M - indicates that the current wave has not ended and this is correction from the TOP 25690..
Either price will go to 24900 levels and/or can travel to Blue TL i.e.24500 levels too ( more chances ) before it rebounds and goes UP to 26000- 26200 levels..
Or it falls to 25000 levels, and then goes to 26200 levels.
Bottomline : Prices should fall and once the correction is completed, it will go to 26000 levels.
Again, WAIT GAME.. BUY LOW AND SELL HIGH..
Either price will go to 24900 levels and/or can travel to Blue TL i.e.24500 levels too ( more chances ) before it rebounds and goes UP to 26000- 26200 levels..
Or it falls to 25000 levels, and then goes to 26200 levels.
Bottomline : Prices should fall and once the correction is completed, it will go to 26000 levels.
Again, WAIT GAME.. BUY LOW AND SELL HIGH..
Comment:
Prices are going as per my forecast.. more down expected..