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omvats1
Apr 15, 2023 3:06 PM

Bank nifty and pattern 

Nifty Bank IndexNSE

Description

price has already broken monthly and quarterly levels
an analysis with in the constraints of patterns and time
starting with my idea posted in the month of Feb'23( earlier very few taker but it gave the perfect support level and now could give a resistance level)
its a start will continue with additional comments and graphics

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idea posted on Feb'9

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pattern gave a perfect support level for the price and now giving showing a resistance level, i hv to redraw it find an actual position

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this was the zoom in of the above pattern posted on Apr'02

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price has broken few imp. candles ranges, which it has to respect
it would be better if broken by a new monthly candle, but breached

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still half month left, ic range may act as a resistance, otherwise it would be a strong momentum

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yearly

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monthly, important one

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price followed the range?

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price followed the range?

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price reached the monthly and quarterly targets?
Comments
omvats1
this is my last bank nifty analysis so trying to give some additional ranges, able to reach 3rd spot in bank nifty best authors list , started posting 2 and half month back, finding a place in a list where best of the best of authors having very strong follower base (in thousand's) and posting ideas for the last 5-6 years is a big thing for me ,this is all because of your love and support, i am very thankful for members kind support
Cool_B
good one
omvats1
@Cool_B, thanks bro
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