Banknifty analysis 14th Feb, 2022

Nifty Bank IndexNSE

Description

⋅ Feb 12, 2022 11:44 AM

Banknifty is forming head and shoulder pattern. If breaks the neckline then more downside possible.

Nifty is forming cup and handle pattern which is bullish sign. Stay cautious.

All the levels are mentioned on the chart.

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Disclaimer: All the levels are for educational purpose.

Comments

Gautamkumar_2020

⋅ Feb 12, 2022 12:04 PM

Bro , nice observation, but on bigger TF, its forming W pattern also. But we all know our Indian market is spineless, pet dog of US market, what they will do , here Indian market players will do the same as loyal dog.