PSU bank nifty had a high momentum 3rd wave that terminated around 4600
Since then it has corrected 20%+ in what is likely a 4th wave
Accumulate the names in anticipation of a 5th wave that should lead to highs towards 5000 on the index
Invalidation point for the wave count is red line
Since then it has corrected 20%+ in what is likely a 4th wave
Accumulate the names in anticipation of a 5th wave that should lead to highs towards 5000 on the index
Invalidation point for the wave count is red line
Not
Index up 8% + in 3 trading sessionsNot
Index had a good 10% rally from initiation. The broader market collapse has pulled it back to make a lower low. Best guess here is we are still in the fourth wave with a 5th pending
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.