BANK-NIFTY halt may end up with an explode to upside

Hello everyone,

Greetings of the day..

Sharing Banknifty chart on day time frame.

There you can see 2 harmonics pattern.
XABCD giving a target of 42220-230 and
ABCD giving target of around 42500.

Important learning points:
In a XABCD pattern point D with 1.13 level is a strong PRZ (price reversal zone).
In a ABCD pattern if B has retraced to around 50%...then D should be at 2.0 which is again a PRZ point.

So let's see where it actually stops it massive upside run for last one month or so....

Interesting to see how market changes so quickly....

Keep learning