Wealthcam

BANKNIFTY AGAIN PREPARING FOR SOMETHING BIG....??

NSE:BANKNIFTY   Nifty Bank Index
as we discussed yesterday the levels we didnt see any breach on either side with proper cande closing and remained volatile throughout the day, now it would be interesting to watch as its been 4 days market has been consolidating and as we say the bigger is the consolidation, the stronger is the move expected !

one must keep yesterdays level as a refernce point and wait for the breakout with candle closing and expected 400-600 point movement on either level break

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.