aryanamar

WHIPSAW OR STARTING OF A DOWNTREND ??

NSE:BANKNIFTY   NIFTY BANK
In an one hour chart, ichimoku , rsi , stochastic says sell. ADX is very weak. The price is near lower level of bollinger band which says buy. 21660 was a strong support which was broken. If this was just a whipsaw going for 2 or 3 days, 23000 level will come soon.