Ok so watch it carefully tomorrow because as per my count I am not bearish, atleast for tomorrow.
This is wave counting of banknifty on 15 minute time frame.
I am not saying to go long, but atleast dont do blind short looking at global scenario.
If u can understand the wave count we have done 3 set of ABC connected with wave X.
Also u can see the trendline and channel there.
Just wanted to update to be watchful with shorts tomorrow.
All the best.
This is wave counting of banknifty on 15 minute time frame.
I am not saying to go long, but atleast dont do blind short looking at global scenario.
If u can understand the wave count we have done 3 set of ABC connected with wave X.
Also u can see the trendline and channel there.
Just wanted to update to be watchful with shorts tomorrow.
All the best.
Try to learn waves... each stock, index or anything is actually dancing to its own tune... ie. waves.
Also important to notice todays price action and wave developed "may" negate my long term bearish view.
I will update with new structure and wave counting after the weekly closing.
All the best guys
have a nice day