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Poison_1907

Channel trade. You must keep an Eye upon. BN Enthusiasts

Short
Nifty Bank Index (NSE:BANKNIFTY)  
Poison_1907  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators
2
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trendanalysis chartpattern indicator
It took 15 bars from channel top to touch bottom on 22nd May, from there it took 10 bars to again reach channel top on 8th June.
This time again it has started its journey back down.
It has been following this channel since the breakdown of March 18, 2020.
If it takes 10-15 bars this time again to touch channel down, then we are looking at 17230 coming between 22-29 June .
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