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Sunandamedi

BANK NIFTY - UNCLEAR!!

Nifty Bank Index (NSE:BANKNIFTY)  
Sunandamedi  
NSE:BANKNIFTY   Nifty Bank Index
Technical Indicators Chart Patterns
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indicator chartpattern
DAILY CHART HAS H&S FORMATION ALONG THE INCLINED TREND LINE.

IT IS IN COMPRESSION MODE.

BREAKING THE TREND LINE WILL TAKE THE LEVEL TO 29202 / 28876.

HIGHER SIDE IS, THE INDEX HAS TO CLOSE ABOVE 30,140, TO BE BULLISH.
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