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Kaustubh

BANKNIFTY Inflection point

Nifty Bank Index (NSE:BANKNIFTY)  
Kaustubh  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend indianmarket
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trendanalysis chartpattern banknifty bankniftytrend indianmarket
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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