BANKNIFTY Turning up

Banknifty has completed its A wave correction.
The divergence in RSI on daily chart implies that the 5 structure has completed downward.
That is A wave has completed. Now we will go for B(abc) upward the target would be 61.8% of A (38800)


This chart is not for trading purpose, any losses will be viewers own risk.

Regards
like if you like