Time to be cautios.
Trading in the diogonal in weekly chart.
Though I am bullish and friday it has completed
a major leg on correction,which I had predicted on intraday basis exactly.
Though that leg of correction is over but we can't say exactly the correction is over unless
we see impulsive move upside.
so any long position should be hedged with lower pe.
Break down in case of diogonal takes place vigorously.
Have you gone through my last post how I had predicted bank nifty for intraday target?
I f not please go through.if bank nifty opens gap up tomorrow it may come down to take support at 42257.
Friday's low is crucial.upside targets are 42609,42824-43864 and 42978,
Down side it should respect Friday's low if not we can see some serious sell off.
Trading in the diogonal in weekly chart.
Though I am bullish and friday it has completed
a major leg on correction,which I had predicted on intraday basis exactly.
Though that leg of correction is over but we can't say exactly the correction is over unless
we see impulsive move upside.
so any long position should be hedged with lower pe.
Break down in case of diogonal takes place vigorously.
Have you gone through my last post how I had predicted bank nifty for intraday target?
I f not please go through.if bank nifty opens gap up tomorrow it may come down to take support at 42257.
Friday's low is crucial.upside targets are 42609,42824-43864 and 42978,
Down side it should respect Friday's low if not we can see some serious sell off.
