Muthu1501

BANKNIFTY Bearish trend price falll

Short
Muthu1501 Updated   
NSE:BANKNIFTY   NIFTY BANK
BANKNIFTY
1. primay trend line not breakable 3 rd time fail last 2 selling pressure
2. weekly closig same high closing chance for selling
3. 2 days side way price movementum consolidation zone / long unwinding
4. today also not break resistance sellling presssue price movement , seller inside coming the markert initimation
5. bearish butterfly Harmonics pattern formed and price action move going down side fall today
6. next target down side demand / supply zone good
7. break the primary resistance line confirmation of bulish sentiment after buy entry
8. minor trend line supply line confimation down side up move
Trade closed: target reached

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