TradeInKey

#BankNifty's route=map for 20th May

TradeInKey Updated   
NSE:BANKNIFTY   Nifty Bank Index
Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.

This Analysis has Based on Harmonic Pattern, Fibo & Price action.

Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively.
# Drawn Pattern is just a view, it will be not considered until C point formed at least.

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HAVE A GOOD GREEN TRADE
Comment:
Hi everyone,
As you can see that Anti-Nen Star has gone Invalid. But Be vigilant around the Resistance Zone. Start SL trailing Immediately whenever price touch that.
If Candle close above, then can go for 34500-20.

Reversal can Start from the Resistance Zone or from 34500. if it's happen then we can see a Fall of Thousand point till 33500-400. it's just my view according to Harmonics. Take confirmation by your Strategy always.

Keep Trading....
Comment:
Mark a Support Zone from 34183-143...Can SHORT for 34050-34000 after breaking the same zone.

Next Upside Target will be the Resistance Zone....
Comment:
Start Sl Trailing...RSI showing a Diversion
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