BankNifty still has LONG way to go.

BankNifty broke a Channel it held since April, Also on smaller timeframe Impulse wave shows Formation of Fifth i.e Bullish wave
If standard Fibonacci Extention for fifth wave is used, We can see 41200 as Next level from where we can see a correction/ consolidation

Kommentar:

41200 target Achieved

Trade geschlossen: Ziel wurde erreicht