Nifty Bank IndexShort
BankNifty Analysis
For the pattern to be invalid it needs to break the levels 32630-32680 with solid volume, which seems unlikely at this point. When the pattern is valid you know it is a bearish pattern.
Possibility of a swing short position when observing bearish signs with trend weakening.
Possibility of a swing short position when observing bearish signs with trend weakening.
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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.