Kaustubh

BANKNIFTY Inflection point

NSE:BANKNIFTY   NIFTY BANK
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

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