Banknifty pull back

In previous post clearly analysed that banknifty is bullish and no weakness
and today Banknifty made high 52954
near expected target of 3rd wave : achieved 1.618% level

now profit booking might follow in form of 4th wave.

Today FOMC rate cut news due.. so stay little cautious at higher levels.

Disclaimer : study is educational purpose. I am not SEBI registered.