Get started
Skandhatrade

#BANKNIFTY 1HR Trend line breakout so its possible to drop!

Short
Nifty Bank Index (NSE:BANKNIFTY)  
Skandhatrade  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Beyond Technical Analysis Stocks stockmarketanalysis banknify bankniftytrend bankniftyanalysis
3
0
trendanalysis chartpattern beyondta stocks stockmarketanalysis banknify bankniftytrend bankniftyanalysis
#BANKNIFTY Price broke the trend line and the retest also taken the retest area will be formed in shooting star candlestick pattern so its possible to move the next support level 34449


Why we like it:
trend line broken and retest taken
formed shooting star candlestick pattern
price will be below the 200EMA & 50EMA



1st support:
34449
Next Zone area & horizontal swing Low support

1st Resistance
35173
Zone area & horizontal swing high resistance
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.