l0kendra

Bank Nifty forming rising wedge on hourly chart

Short
l0kendra Updated   
NSE:BANKNIFTY   Nifty Bank Index

BANKNIFTY : We can expect rising wedge break on hourly chart tomorrow , BankNifty will move down to next support levels. Its completely my opinion.
Comment:
Almost there to break the wedge...fingers crossed.
Comment:

Keeping Same view for tomorrow...IMO..Please do your own analysis before taking risk.
Comment:
At the point...I think its a break down once nifty breaks 10575 or bank nifty breaks 25570
Comment:
Support zone below wedge holding price.
Comment:
Finally..On the way
Trade active:
Going good..more to come
Trade closed: target reached:
280 point fall after wedge break..more to come
Trade closed: target reached:
Sorry ...700+ fall after wedge break
Disclaimer

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.