Bank Nifty weekly trendline breakdown?? Caution ahead..
Bank Nifty on daily charts is oversold but on weekly is at important support .see chart.
it might go sideways for sometime and might have a breakdown.
better to sit with cash than time the market..
Do your own analysis before investing
it might go sideways for sometime and might have a breakdown.
better to sit with cash than time the market..
Do your own analysis before investing
Note
still clinging on to the trendline..barely..Note
bank nifty forming weekly bullish engulfing on the trendline?? will know by the end of the week..
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.