Tomorrow it may open above today's high and resistance can force the price down towards 15100 level.
Banknifty update:
Catatan
It should fall from here, else I need to re-check my analysis.
Invalidated level: 15325
Catatan
Possibility: If open is not wave 5 of C, up-move is pending. Now it might move up to complete the pending activity - either wave 5 of C or wave Z.
Don't trade it. I just go to watch it.
Catatan
Now from day low, either ABC or 123 completed.
If ABC, it can fall from here.
Not for trading.
Catatan
Update:
Nifty - from 24 May low to today high WXYXZ completed Banknifty - from 24 May 9:20AM to 25 May 2:15PM Flat correction and then double-zigzag till today high
It should be impulse fall in Nifty and ABC fall in Banknifty.
Just sharing my view. Don't take it as trading advise.
Catatan
Nifty Trade setup for 27-May-2021
BankNifty Trade setup for 27-May-2021
Catatan
The above two charts are for 28-May-2021
Catatan
Invalidate my whole analysis if breaks today high (nifty 15455.55 and banknifty 35436.65)
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