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AkashVarma

BANKNIFTY View for 16th December, 2020

Nifty Bank Index (NSE:BANKNIFTY)  
AkashVarma  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators algotrading
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trendanalysis chartpattern indicator algotrading
Higher TF Analysis -
4 Hr - Clear inside Candle formation
1 Hr - New Support of 30524 added (pivot)
30406 works as dynamic support

Lower TF analysis -
15 min - Narrowing of price

No trade until the 15 min channel breakout/breakdown.
If breaking the upside then T1 of 30810
If breaking the downside then T1 of 30406 and T2 of 30278

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