If bulls break the control line, we can expect the following target . But The rejection from the control line will drive the price to . Nifty has completed Impulsive wave C of wave(c) of wave ((Y)) and started marching upward. In this initiative, we can see a sharp move with three gaps.
A gap down on Monday indicates island reversal and selling pressure.
Today we are going to update the BANKNIFTY‘s report at 8:30 AM.
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