#banknifty :- A contra view on incides discussion
#banknifty:- A contra view on index discussion
The analysis is based on the assumption that wave 5 is over and this is a corrective pullback.
Today the price got rejected from 78.6 % - 85 % of the last upmove and if the pressure continues we might see 43,124 to 41,413 levels.
The Stop Loss is very close at 46,356. This analysis looks unrealistic, but this alternative view must be considered.
Always Trade what you see, not what you feel.
Regards,
SG
The analysis is based on the assumption that wave 5 is over and this is a corrective pullback.
Today the price got rejected from 78.6 % - 85 % of the last upmove and if the pressure continues we might see 43,124 to 41,413 levels.
The Stop Loss is very close at 46,356. This analysis looks unrealistic, but this alternative view must be considered.
Always Trade what you see, not what you feel.
Regards,
SG
Catatan
How the setup got changed today :- 
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.