TradingView
bbrijesh
Apr 16, 2020 8:53 AM

Banknifty - Diamond Pattern Long

Nifty Bank IndexNSE

Description

*Diamond pattern

Comment

1000 pts up (+5%)…..Book profits
Comments
Parasuram
what is the implication?
RamaSriram
@Parasuram, A diamond chart pattern is an extraordinary pattern which is occasional is nature. It looks identical to head and shoulders patternwith a V-shaped neckline. Diamond chart reversals occur mostly at major tops and with high volume. It occurs rarely at market bottoms.
Parasuram
@RamaSriram, thank you... what is the projection then
jainyash123
Targt
More