BankNifty - Is this An Ending Diagonal at Tops 51404

WaveTalks ...Market Whispers! ...Can You Hear Them?
Disclaimer:
This commentary is not a solicitation to buy or sell. Please consult your financial advisor
As discussed this morning......catching the wave 4 bottoms & watching 5 unfolding in back to back ups & downs with a minor halt at 51251 have we unfolded an ending diagonal at the tops of 51404
Wave 4 Bottoms this morning close to 51000 as discussed

Wave 5 - Is this an ending diagonal unfolded at the current high of 51404
Last Idea Published - Tower Bottom Unveiled
We started this wave sequence close to 49651 discussed in the last idea - Tower Bottom Pattern

Regards,
WaveTalks
Disclaimer:
This commentary is not a solicitation to buy or sell. Please consult your financial advisor
As discussed this morning......catching the wave 4 bottoms & watching 5 unfolding in back to back ups & downs with a minor halt at 51251 have we unfolded an ending diagonal at the tops of 51404
Wave 4 Bottoms this morning close to 51000 as discussed
Wave 5 - Is this an ending diagonal unfolded at the current high of 51404
Last Idea Published - Tower Bottom Unveiled
We started this wave sequence close to 49651 discussed in the last idea - Tower Bottom Pattern

Regards,
WaveTalks
Giao dịch được đóng thủ công
12:30 am / 28th Aug 2024 Got the fall from the highs of 51404 to 51151 .......But the fall is not convincing means it took lot of time while falling so this is giving us our next clue that something is pending upside & new highs cannot be denied above 51404
Index will be range bound between 51150 & 51405 ------Any side it breaks, It moves it that respective direction.
Consult your financial advisor....Good Night
Ghi chú
11:12 am / 28th Aug 2024 Last @ 51182
Day Low at the moment - 51085
Avoid taking shorts or selling position unless 50939 / 51085 level is breached on downside next. Thank you
Best Regards,
Abhishek H. Singh
SEBI Registered Research Analyst (INH000030092)
Founder - WaveTalks ( wavetalks.in)
Twitter Handle
twitter.com/TalksWave
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Abhishek H. Singh
SEBI Registered Research Analyst (INH000030092)
Founder - WaveTalks ( wavetalks.in)
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Best Regards,
Abhishek H. Singh
SEBI Registered Research Analyst (INH000030092)
Founder - WaveTalks ( wavetalks.in)
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
SEBI Registered Research Analyst (INH000030092)
Founder - WaveTalks ( wavetalks.in)
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.