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| Banknifty |
Above chart of banknifty show cleat 5 wave decline from 21113 level and five wave bottom at 19053.
followed by three reactionary wave banknifty shows clear a-b-c wave as zigzag move, currently wave c of zigzag is unfold, if any move below wave b (19245) more further decline expected in banknifty.
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| Banknifty |
above chart shows banknifty retraced 38.2% of five decline and if price face any difficulty trade above 38.2% retracement , expect freefall in banknifty.
Tradesafe!
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