BANK NIFTY make it simple and targets.

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Like nifty bank nifty retracement of 38.6 percent of 3 rd wave has been completed.
and fresh up move for 5 th and final move of the ongoing impulse wave has started.
This is weekly chart hence not recommended for intraday or 2 to 3 days swing tarding.
In lesser time frame you will find lot of market noises like in 5 minutes or 1 minute time frame.
This 5 th wave up move can be decoded in to five waves in daily time frame.
Here I am only forcasting ultimate move for bank nifty and its targets.
That will be beneficail for investors.
But ask your financial advisor before investing here only I can express my view.
I can cite two stocks where still up moves are left.
one is RBL bank where 1 st wave is keading diogonal and its upmove still left.
another bandhan bank its impulse move yet to start after covid.
of course hdfc bank which can be in the lime light
many other banks I have to study.
please like this post if it helps you.
follow me to get up dates.
I will try to update some banks here
if trading view system allows.

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