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Nifty Bank Index
Short

BankNifty Head & Shoulders Pattern

324
A continuation pattern of Head & Shoulder appears to be forming. The right shoulder is yet to form. Tomorrow, I expect the market to be volatile and trending on Wednesday or Thursday.

A sharp selling will occur below 33350 level but there has to be a small retracement towards upside before continuing down.

aman_saha
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BANKNIFTYbankniftyanalysisbankniftyexpirybankniftyintradaylevelsbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewHead and ShouldersSupply and DemandTrend Lines
aman_saha
Also on:

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.