Get started
Manickamtraders

#Banknifty directions and levels for May 27th.

Nifty Bank Index (NSE:BANKNIFTY)  
Manickamtraders  
NSE:BANKNIFTY   Nifty Bank Index
Harmonic Patterns Chart Patterns Elliott Wave BANKNIFTY bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftyintradaylevels
3
0
harmonicpatterns chartpattern elliottwaves banknifty bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftyintradaylevels
Bank Nifty also has the same sentiment, and HDFC Bank has a solid bullish candle. If the market continues this trend, we can expect the rally to continue, potentially reaching a minimum of 49196 to a maximum of 49335 (78%).

Alternatively, if the initial market takes a correction, we could wait for an immediate support breakout. If it breaks, the minor demand zone will act as support. If the market finds support there, we can expect a bounce back
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.