BANK NIFTY temporary cessation of rally?
It appears to me before any pull back
still some rally left.
But it has rallied much hence ,trade on your own risk.
Happy trading.
I do remember the day It was 7 th sept.it had bounced and
I had posted about the possibility of down trend over.
Trading bank nifty is not so easy as sharks in the stock market
eagerly wait for small preys and after that they continue their journey.
on 14 th bank nifty struggled around the channel line and on 2 nd half of 15 th it could cross it with huge volume.
signaling it is indeed the3rd wave.
please go through my attached chart of 7 th sept when this rally was quite in nascent stage.
still some rally left.
But it has rallied much hence ,trade on your own risk.
Happy trading.
I do remember the day It was 7 th sept.it had bounced and
I had posted about the possibility of down trend over.
Trading bank nifty is not so easy as sharks in the stock market
eagerly wait for small preys and after that they continue their journey.
on 14 th bank nifty struggled around the channel line and on 2 nd half of 15 th it could cross it with huge volume.
signaling it is indeed the3rd wave.
please go through my attached chart of 7 th sept when this rally was quite in nascent stage.
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