It is likely to explode.

Diupdate
As suggested my previous charts Bank nifty is likely to move further .
I have been tracking it.But don't get time to publish here regularly.
some of my followers do miss my posts ,as told by them.
Bank nifty up trend is on.
Any pull back is an opportunity to buy at this moment.
suggested levels are shown in the chart.
Do connect with me by following me and liking my posts.
please go through my previous posts of bank nifty.
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My intraday levelling during live market.
Recent correction in last week was double abc correction connected with WX.
and ended in Y wave.first C wave in first C wave was ending diogonal.and C wave in 2 nd abc was zigzag correction.Now today it appears to me it is 4 th wave pull back.
today my initial target was 42858 .It was achieved,After that my support levels were
42730 and 42670.it took support on 42670 and went as high as 42826 forming B wave.Now C wave of this correction is pending.It may end up with ending diogonal or zigzag.let us see.Happy trading.
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Looking for more likes that only will encourage me to publish more ideas.
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continued the rally after the initial dip,now rejected by the trend line.
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some short of h&s break down which are not met on several occasion.
42740 long positions should be initiated
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touches the target for the day.
Chart PatternsTechnical IndicatorsTrend Analysis

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