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sirlaxmanagarwal

Critical time ahead for Banknifty

Nifty Bank Index (NSE:BANKNIFTY)  
sirlaxmanagarwal Updated   
NSE:BANKNIFTY   Nifty Bank Index
Beyond Technical Analysis
2
0
beyondta
Trendline has been broken on weekly closing basis.

BankNifty may go side ways or it may correct in upcoming days if it fails to close above 26000 next week.

Also 26000 is the Fib 50% retracement of the last trend..
Comment:
Not a good sign.. More pain ahead..
Comment:
I think its time for pull back.. Can see 26000 soon..
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