estockmarket

Bank Nifty : Technical chart suggests wait & watch the strategy

Short
NSE:BANKNIFTY   Nifty Bank Index
Technical chart suggests wait and watch the strategy by closing the candle at one day above and below the daily time limit, which is enough to understand the behavior of the market instead of aggressively trade.

More chances go down when market volatility break continue bullish pattern as well as nifty, stocks break the bearish continue pattern, let's see...

Previous Analysis:


Note:
Stock market is subject to market risk.
This analysis is education purpose only.


Wish You The Best
Cheers :)
Comment:
1st partial momentum has been started...next 2nd partial momentum approx feb 2019
Comment:
Trade closed manually

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.