Bank Nifty
Chart Pattern: Descending Channel
On the hourly time frame, Bank Nifty has been trading in the Descending Triangle Pattern.
Descending Triangle Pattern, Generally, this pattern is a bearish pattern. However, a descending triangle pattern can also be bullish.
Level Based on Descending Triangle: If the Price sustained above 32000 then we could see a good move in the coming days
If the price has exceeded the level of Support, we may witness further declines in the coming days.
Chart Pattern: Descending Channel
On the hourly time frame, Bank Nifty has been trading in the Descending Triangle Pattern.
Descending Triangle Pattern, Generally, this pattern is a bearish pattern. However, a descending triangle pattern can also be bullish.
Level Based on Descending Triangle: If the Price sustained above 32000 then we could see a good move in the coming days
If the price has exceeded the level of Support, we may witness further declines in the coming days.
Comment:
Chart Pattern : Descending Triangle
Comment:
1300 Point Up from Support Level
Comment:
3000+ Points from the support level
Trade active
Comment:
Almost 4000 Points from the Support Zone
Trade closed: target reached:
Almost 5000 Points