BANKNIFTY - W AND M - indicates that the current wave has not ended and this is correction from the TOP 25690..
Either price will go to 24900 levels and/or can travel to Blue TL i.e.24500 levels too ( more chances ) before it rebounds and goes UP to 26000- 26200 levels..
Or it falls to 25000 levels, and then goes to 26200 levels.
Bottomline : Prices should fall and once the correction is completed, it will go to 26000 levels.
Again, WAIT GAME.. BUY LOW AND SELL HIGH..
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Prices are going as per my forecast.. more down expected..