Get started
WavesandZones

BankNifty should retrace into this Weekly Demand

Short
Nifty Bank Index (NSE:BANKNIFTY)  
WavesandZones  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Wave Analysis Supply and Demand BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrend bankniftylevels bankniftyprediction bankniftyoptions
0
0
trendanalysis waveanalysis supplyanddemand banknifty bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrend bankniftylevels bankniftyprediction bankniftyoptions
snapshot

Whenever the Price deviates up from the Moving Average, Price either falls to the EMA or the EMA moves up top the Price,

We here see a Fresh Weekly Demand formed which has exceeded the opposite Supply hence a Valid Demand.

snapshot

Price has formed a Daily Supply which has exceeded its opposite Demand hence a Valid Source for a Downtrend,


This is the Supply to Demand Equilibrium Curve, showing the odds of long and short positions.

One can short after a downward confirmation in 30 mins/1H
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.