BankNifty Penultimate Wave - Pattern Repeats

NSE:BANKNIFTY   Nifty Bank Index
BankNifty Penultimate Wave - Pattern Repeats - Is This A Warning Sign?

Fractal is a pattern that repeats forever
This short video talks about a fractal pattern which repeats quite often as penultimate waves = 2nd last wave that means only one last wave left

One such pattern was identified in Nifty in 2021 September & Index topped at 18604 later troubling for next few months & formed bottom close to 15000 levels.

Is a similar pattern unfolding in BankNifty - Ask this question to yourself. Thanks for watching this video.

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Abhishek H. Singh
​Growth Director - TradingView India

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