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Sunandamedi
May 3, 2019 2:56 PM

BANK NIFTY - UNCLEAR!! 

NSE:BANKNIFTY1D
Nifty Bank IndexNSE

Description

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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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