BANKNIFTY Inflection point
As in the recent frenzy of bullishness it is sometimes easy to lose a grip over markets and just follow the herd.
Nice wedge forming on the banknifty.
If it manages to break below 220000, I think we should see a fall of 2000 points to 20000 in relatively quick time.
WAIT FOR CONFIRMATION. This is not an entry signal yet
Nice wedge forming on the banknifty.
If it manages to break below 220000, I think we should see a fall of 2000 points to 20000 in relatively quick time.
WAIT FOR CONFIRMATION. This is not an entry signal yet
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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.