NIFTYBANK: The banks and the Waves!

NIFTYBANK: The banks and the Waves! Nifty Bank Index NSE:BANKNIFTY sreebhashyam There are waves, there are counts, then there are banks. Choose the side of the bank where there is plenty of peace. This one moves or has been moving in this channel since February and has been fairly respeceted. We are in the middle of the channel. That is as interesting as drawing the waves, within the channel. Just see them, a break of redline, draws the move to the other channel side. Just the pendulum swing, nothing else. Big picture is intact. Lower frames the swing is what markets looking. Just the supports, yesterday low below that 48700-48450 Supply 49180-49380-49680

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