Bank Nifty looks to be entering a corrective phase now.
We can buy Out of the money PUT option to take advantage of this move down.
This corrective move can extend maximum up to the 16000 levels.
We can buy Out of the money PUT option to take advantage of this move down.
This corrective move can extend maximum up to the 16000 levels.
Trade closed: target reached:
Correction seems to be over and we are very close to the starting point of wave 1.