Bank Nifty Analysis

Bank Nifty Analysis. As on 19 March 2021. CMP 34,100. Posted at 3:40 pm.

The larger correction is still expected to reach 31,000 ~ 32,000.

The short term is likely bullish, in accord with Nifty 50.

But the short term pattern is not clear.  Our best read at this time is price has just begun wave C up today (of a bearish triangle), which is expected to reach the 36,000 level.