Tuesday, October 25, 2016

Probable Banknifty EW Bearish counts

It seems inner and higher 5s are done around 19923. Any upmove above it invalidate current counts and would require a re calculation. 
However current conditions are suggesting a "Sell on rises" and holding 19712 resistances would be 19793, 19818, 19842, 19881.

Lets see how it unfolds...



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