BANK NIFTY for date 17 sep
According to eliott wave,bank nifty is set to move for (b) wave which is little upmove itself . If price crosses above the yellow trendline shown then upmove is sure.
Possible retracement target levels -
1)61% level -41334
2)50% level-41167
3)38% level-41007
expect these targets to be achieved till 22 sept , because 22 sep is also a gann date and expiry of weekly contract .
Remember that 38% level has higher chances to be achieved than of rest two levels mentioned
DISCLAIMER- THESE ARE MY PERSONAL OPINIONS SHARED ONLY FOR EDUCATIONAL PURPOSES,
Possible retracement target levels -
1)61% level -41334
2)50% level-41167
3)38% level-41007
expect these targets to be achieved till 22 sept , because 22 sep is also a gann date and expiry of weekly contract .
Remember that 38% level has higher chances to be achieved than of rest two levels mentioned
DISCLAIMER- THESE ARE MY PERSONAL OPINIONS SHARED ONLY FOR EDUCATIONAL PURPOSES,
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