Nifty pvt bank index have formation of bearish harmonic ABCD formation,, and given reversal from the same levels,, bearish wolf wave formation have given breakdown from trend line support,, nearest last support around 12300 levels of 200ema, breaking this would lead to fall of 1000 to 1200 points fall in this index.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.