Bank Nifty (Neowave Update)

Degree full forms-
L1 stand for Long term wave 1 and so on
M1 stand for Medium term wave 1 and so on
S1 stand for short term wave 1 and so on


Hello Everyone,
Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles.

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Note-
## After this another resistance level is 45748.50 for confirmation of break out.

If price break again before breaking 45748.50 than SC2 is still developing using X wave otherwise we are in SC3 wave

Medium Term Forecast-