subhagghosh

#banknifty :- #expiry view

NSE:BANKNIFTY   Nifty Bank Index
#banknifty two possible #expiry scenarios are explained in the analysis:-

Today in the 2nd session, there has been a structural breakdown in #banknifty.

1. Rising wedge becomes a rising channel & the price takes support and moves up.

2. The price continues to fall and we get into ABC correction & much more significant dent on #bankifty.

Regards,
SG

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