banknifty-27dec2016

BankNifty is reversing after giving an ABC correction… It could very well turn out to be a Wave W of larger correction but for now BankNifty is reversing and is giving a Buy Setup for a Target of around 18750 and 19100 with Stoploss just below the recent low around 17575.

Happy Trading!

Siraj Hudda

 

Leave a Reply

Your email address will not be published. Required fields are marked *