BankNifty's next anticipated short-term move

12 במאי 2023

Instead of going down as bigger C wave(as I anticipated in my previous post) it turned around 42822 and moved up again to 43772. It's look like making an irragular or flat correction. We can expect a devastating downmove 42450 level unless it should move above 43772 and stay above this level. Again BN is struggling and unable to make sizeable move.

What is your view, please leave comment and express your view.