BANKNIFTY
~ Formed a Bearish Butterfly in Daily Time Frame with points marked.
~ It is also following the Fib Retracement over a longer time period.
~ Can be a bubble which is about to burst.
~ Down trendline acting as resistance zone.
This is just for educational purpose. Do your own study before investing.
~ Formed a Bearish Butterfly in Daily Time Frame with points marked.
~ It is also following the Fib Retracement over a longer time period.
~ Can be a bubble which is about to burst.
~ Down trendline acting as resistance zone.
This is just for educational purpose. Do your own study before investing.
Trade closed: target reached