Time to be watchful.
已更新
today's bounce is not sufficient to
avoid any further decline.Bank nifty
is trading comfortably below 20 dma.
Though in hourly time frame five wave can be traced
with completion of C wave further decline can not be ruled out.
today's bounce was lack lustre.
with rbi moneytary policy ahead and last time food inflation is most spoiling factor.
Comment from rbi likely to be hawkish.
as bank nifty is correcting a diogonal in 5 th wave so further decline can not be put aside.
Indian market main strength is the power of retailers.
it is better to play with rbi policy by hedging.
like my post if it is helping you.
follow me to get updates.
avoid any further decline.Bank nifty
is trading comfortably below 20 dma.
Though in hourly time frame five wave can be traced
with completion of C wave further decline can not be ruled out.
today's bounce was lack lustre.
with rbi moneytary policy ahead and last time food inflation is most spoiling factor.
Comment from rbi likely to be hawkish.
as bank nifty is correcting a diogonal in 5 th wave so further decline can not be put aside.
Indian market main strength is the power of retailers.
it is better to play with rbi policy by hedging.
like my post if it is helping you.
follow me to get updates.
註釋
註釋
let us watch which side it breaks on closing basis.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。