Entry Plan for BANKNIFTY 56000 Target

已更新
We have completed 5 Wave move Up since Covid Fall and now in making of 5-3-5 Corrective pattern ((A)) ((B)) ((C)).
Its too Early to confirm Connector ((B)) is completed however assuming it is done, we can now expect making of wave ((C)) Black is in process and we can have entry planned @ 31080 Level with target to en-cash Next Up move of Wave III red.

Trade Plan : Well In advance
Entry : 31080
Stop Loss : 27000
Target : 56000



註釋
Bank Nifty DEC future Short position carrying since 13DEC @ 37468 is now booked partial profit today with 1700 Points profit each lot.

Carrying 50% position for further downside with stop loss now at entry level theri by making a Risk free trade.

Once it breaks 35450 level will add Qty again for further downside Target 31355
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Todays Break of 29NOV low have confirmed now that we will be heading for 31,079 Level in near Future
註釋
Any Bounce in 3 or 7 or 11 wave move up Should be sold as we are in incomplete Bearish sequence Started as a correction move since move started from 41829 of 25OCT.
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