BAnknifty likely to go up or down on Monday based on gap up or gap down If it opens gap up and buy and wait for full day as the price rise will be aggressive. If it opens gap down and start moving downward then i will take downward trade with profit target 0.618 of wave 2 and stop loss at Wave 4 priceNSE:BANKNIFTY
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also last 4 days (4 hours volume chart) is decling. Either a price will push up or it will come down. both side aggresive move is expected. lets see. As per wave theory wave 4 is currently at 4=0.328* 3 and parallel to the channel connecting 1,2 and 4.