StockRAI

Bank Nifty | Rising Wedge Pattern

Short
NSE:BANKNIFTY   Nifty Bank Index
Rising wedge pattern observed in Bank Nifty indicating bearish bias. However, we need to wait for breakdown for confirmation. (Ignore other lines in chart other than line showing the wedge, as other lines are being used for analysis in higher time frames)
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.