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mklives

BANK NIFTY..crucial stage.

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Nifty Bank Index (NSE:BANKNIFTY)  
mklives  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
NIFTYis within a rising wedge in its long term monthly log chart
looks like the squeeze within the wedge is on..
breakdown below the wedge will be an end for this move and will be followed by a deep correction..

Also there is clear monthly RSI triple divergence ..
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