Be careful if u are carrying longs for weekend.
The little bounce that I was expecting is done today(almost).
The deeper downside is just to begin now.
The wave count I have shared is of Finnifty its similar with banknifty
but nifty wave count is little too complex for me... I am not able to convincingly count it.
But if both banknifty and finnifty is looking for a deepar correction from here around then nifty alone cant go higher.
Be alert with long positions with Index for weekend.
Stay alert.
All the best
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