#BankNifty route=map for 11th May

11 May 2022

Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.

This Analysis has Based on Harmonic Pattern, Fibo & Price action.

Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively. Can be used lower timeframe for ENTRY & Exit. But suggest to see 30 minutes Time-frame at least for price movement confirmation.



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HAVE A GOOD GREEN TRADE

11 May 2022

Not

Trend-Line drawn wrong...And B-C Leg will be considered completed of the Pattern.
Can Long Above @34400 If candle closed...Target will be 34520-40 And @34650-680

11 May 2022

Not

First Target achieved quickly...Now heading towards T2
Start SL Trailing from 34630

11 May 2022

Not

T2 also achieved successfully...High 34652