Get started
Stock-n-Shine

BANKNIFTY - WEEKLY CHART (PRICE ACTION SHOULD REVERT FROM HERE)

Short
Nifty Bank Index (NSE:BANKNIFTY)  
Stock-n-Shine  
NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Supply and Demand Trend Lines niftytrend BANKNIFTY bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftytrading bankniftylevels priceactionanalysis
3
0
supportandresistance supplyanddemand trendline niftytrend banknifty bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftytrading bankniftylevels priceactionanalysis
BankNifty has been on a rising wedge channel on a weekly chart since Jan 22.

It has now reached the upper band touching 51934 and should now revert back towards the lower band

It can be shorted by buying Puts
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.