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TradZoo
Feb 16, 2022 3:02 PM

Double Top pattern in BANKNIFTY Short

Nifty Bank IndexNSE

Description

In today's session, Banknifty formed double top pattern on 30 minutes time frame. Currently it's trading near support(Neckline) level of this pattern. According to pattern in case banknifty gives breakdown of this support level then expected downside target of 37280 level which is height of this pattern from it's neckline. Intermediate support possible at 37550. Any breakout pullback possible from this support level.

Comment

37550 Done
Comments
rajud12345
great
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