Hi Friends,
In this video I have shared my short update on Nifty and Bank Nifty.After today's Price action we might have completed correction. And we might see 12000 & Higher. Bank Nifty looking Bullish for 27000. Overall Bullish scenario in Broad Market.
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nifty and bank nifty is forming coorective patterns not impulsive.the entire rise from march lows are corrective.if we bottom out in 11200 and rise then it is third standard corrective pattern in expanding triangle which takes nifty to 12700 to 13500. ultimately we will take off march lows and fall towards 5800 to 6300 in wave c of expanding triangle.
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