Bank Nifty 15 Mins Analysis - We're short again but why?

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Hello traders,

Hope you all captured the down move we shared a couple of days ago. We are short again after a pullback today(please refer our today's post), and we have explained the corrective wave count (WXYXZ) in this chart, so please have a look.

The price is rejecting 61.8% of previous swing highs, and we expect it to continue the downtrend tomorrow(could be a good trending day)

Expected Targets:

52,032
51,933
51,863

Stop Loss: 52850 (If the stop loss is too big for you, then please set a smaller stop above 52,720 (based on a 15-minute candle close, not a spike).

Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
評論
Thrilled to share that our Bank Nifty trade was a hit. Cheers to all who followed our lead!
交易結束:目標達成
Hope you had a successful trading day.

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