aman_saha

BankNifty Head & Shoulders Pattern

Short
NSE:BANKNIFTY   NIFTY BANK
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.


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.