aryanamar

WHIPSAW OR STARTING OF A DOWNTREND ??

NSE:BANKNIFTY   NIFTY Bank Index
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.

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