Forex
globalreutersAugust 27, 20241 Mins read
Bank Nifty: Reversal at 51,404? – Nifty eyes 25,000 break
globalreutersAugust 27, 20241 Mins read The Bank Nifty index has been rallying, but is this upward momentum about to hit a ceiling? The formation of an ending diagonal at the top of 51,404, which corresponds to 62% of the wave 1 distance (from 50,283 to 51,025), suggests that the current wave 5 may have reached its minimum objective.
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