Get started
SumeshV

Banknifty is in bearish trend

Short
Nifty Bank Index (NSE:BANKNIFTY)  
SumeshV Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Harmonic Patterns Chart Patterns bearishharmonic Support and Resistance priceactionanalysis reversalpatterns
1
0
trendanalysis harmonicpatterns chartpattern bearishharmonic supportandresistance priceactionanalysis reversalpatterns
A harmonic chart is presented here for study purpose
Chart clearly indicates the bearish trend
Various expected levels during its downward move is given in green lines
Variations may be there during its downward move
Comment:
Movement is in GOOD progress
Comment:
Reached all the GREEN line levels
Trade active:
Comment:
If moves below 40800, the below green lines are the next supports, otherwise it may test back D
Trade active:
Today Low 39600.25
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.