Get started
johnyjoy

Banknifty Analysis for medium term

Long
Nifty Bank Index (NSE:BANKNIFTY)  
johnyjoy  
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns BANKNIFTY
0
0
chartpattern banknifty
Point A indicates classical case of testing. Market is being tested before going for higher grounds.
Point B indicates zone of potential accumulation. Market makers might have accumulated here.
If market doesn't fall below the current low levels, we can expect an up-move and possible breaching of 23000.

Disclaimer: Trade at your own risk!
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.