Nifty in minor wave 2 correction. Minor Wave 3 bounce is due.

Nifty minor wave 1 begun from 11835, ended at 12290. From 12290 wave 2 cortection has begun to todays lows. Nearly 78% retracement has done in nifty and Banknifty both.
Most probably , wave 3 bounce can commence from here.
Suryadev Bandari
Research Analyst.

Popular posts from this blog

Up move to continue. New Highs to form again.

Major Event done. Nifty upside capped between 12000-12100. Trend reversal ???

Exhaustion gap formed. Bulls strength eroded???.