Bank Nifty fell by around 5000 points in Tuesday session...!
Indian benchmark showed correction & lose more than 6%
on Vote counting day.
Bank Nifty broke down the trendline & showed sharp correction
to slip easily below imp support levels
A Big Long candle has formed on Daily TF, erased last few months gains
The imp upside hurdle is placed around 48600/800 level
whereas downside support is around 45950 zone
Track for price to form Price Action Patterns at Imp Levels,
However market may show Choppiness after today's sharp fall.
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
on Vote counting day.
Bank Nifty broke down the trendline & showed sharp correction
to slip easily below imp support levels
A Big Long candle has formed on Daily TF, erased last few months gains
The imp upside hurdle is placed around 48600/800 level
whereas downside support is around 45950 zone
Track for price to form Price Action Patterns at Imp Levels,
However market may show Choppiness after today's sharp fall.
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
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.