kiranrshinde

Banknifty 9 August Hourly View

NSE:BANKNIFTY   NIFTY BANK
Hi Traders,

In hourly time frame, I can see 2 patterns:
1. Flag Pole
2. Symmetrical triangle.

For both the patterns, following would be the targets:
1. Break-Out i.e Bullish - 1st Target : 36000
2nd Target : 36200

2. Break-Down i.e Bearish - 1st Target : 35700
2nd Target : 35500

Please comment below what do you feel.

Comments

Very good analysis.
+1 Reply
@kvsaheed,

Thank you dear.
Reply