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Nifty Bank Index
Short

Short view for BANKNIFTY with exact channel.

1414
Banknifty opened at the resistance of (3) wave 27701 nearby which is at value high. This resistance pushes it toward the control value at 27463(gravitating) and (4rth) wave at value low. Looking at it seems that short declining wave can start for the target.

Above all levels are for a spot.
Trade-Technique
BANKNIFTYindiaNIFTYniftyshortnsePivot PointsSupply and DemandSupport and Resistance

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BANKNIFTYindiaNIFTYniftyshortnsePivot PointsSupply and DemandSupport and Resistance
Trade-Technique

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.