Monday, September 1, 2014

BankNifty Pre-Market View.

Author: Ilango | Posted at: 7:43 AM | |
BN continues its 5th wave & poised to make new all time highs..holding 15688.

2 comments:

Waquar on September 1, 2014 at 1:05 PM said...

Ilango ji,

The move from 15973 to 15503 looks like a 5 wave, doesn't it ??

Ilango on September 2, 2014 at 8:51 AM said...

@ Waquar,

I always combine BN & Nifty to study these hour sub-waves. Nifty showed a clear 3 waves.(From 7968 to 7862) and that cleared the doubt. In the shortest T/F, some sub-waves are not clear and would get hidden in their much lower T/F. This is the only way to deal with them and move on.

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