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Maverick_777
Apr 22, 2021 12:44 PM

BANKNIFTY: Triple Bottom on 6 months TL + RSI Bullish Rev. Div.⚡ 

Nifty Bank IndexNSE

Description

As the path states banknifty has been making continuous lower highs stating the downtrend. Also, made the recent triple bottom on the 6 months TL. For any possible reversal if to happen on swing basis, 32330 around is a crucial point. In 1hr TF, RSI bullish reversal divergence can also be seen as the triple bottoms are made but it can be deceptive too, alone on the basis of this we can't predict but can only take hint.

Comment

Bank nifty broke the TL on upper side and moving swiftly...
Comments
ankitwarade023
i am also seeing nifty positive till tomorrow due to last two Mondays Gap down 😆😆
Maverick_777
@ankitwarade023, hope so it goes that way🙏🏻
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