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bijoy2526
Sep 23, 2022 12:46 AM

BANKNIFTY likely to slip to the median line. 

Nifty Bank IndexNSE

Description

Bank nifty is already down one step.
touches the intermediate line of the pitchfork.
yesterday's low had exactly touched the intermediate line .
yesterday being expiry ,we did observe some volatile movement.
if Bank nifty violates yesterday's low it is likely to touch median line.
Please go through my post of yesterday.
Don't forget to like this post.
follow me to get updates.
40909 is strong resistance for bank nifty.
as long as it does not close above it its upside movement will be restriced.

Comment

this is my study not any trading recommendation.

Comment

BANK NIFTY Touches the target.

Comment

touches median line.

Comment

Comment

today morning I had published the chart.
Comments
dg1342
Your analysis was perfect Sir!! Awesome. Can you highlight further what happens from here. Will Bank nifty make a comeback or should we go further down?
bijoy2526
@dg1342, it has slipped below the median line.
bijoy2526
@bijoy2526, thanks for the compliment.
dg1342
@bijoy2526, Thats correct Sir, so from what levels can we expect reversals and if you can share your further analysis on charts!
bijoy2526
@dg1342, ok.will soon.
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