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Rishi_92

BANKNIFTY

Nifty Bank Index (NSE:BANKNIFTY)  
Rishi_92 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY
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trendanalysis chartpattern indicator banknifty
Does it look convincing?
A pullback close to 200 EMA is expected.
Your thoughts ?
Comment:
200+ points down
Comment:
Median price of 31772 hit. If it dips below this region, further downside to 31200 range (lower channel) is possible.
Comment:
Banknifty is beauty. Such a nice turn from the exact median price. This is what happens when fibo level matches with a median price.
Comment:
Close to top of the channel. Stay away until a breakout/crackdown/consolidation takes place.
Comment:
32060, bounce/crack. Channel working beautifully.
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