Bank Nifty Weekly Harmonic chart

8 בספט׳ 2022

Bank Nifty has had an amazing bull run since July. At present, it is at an important PRZ level (around 40350). Further upside will open up on two consecutive weekly candles closing above this level. If it does then it may well rally till around 42350 level where it is very likely to at least pause, if not reverse for a while.