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ashokakbari

Banknifty should go back

Short
Nifty Bank Index (NSE:BANKNIFTY)  
ashokakbari Updated   
NSE:BANKNIFTY   Nifty Bank Index
Harmonic Patterns Trend Analysis
2
0
harmonicpatterns trendanalysis
As per trend line .. bank nifty should take U turn from here 23900-24000
First target 23200... If close below 23200 then next target 22400

If you see nifty carefully .. you will find a bearish Bat Pattern on daily chart.

This is my view .. its not a tip... manage risk reward and trade accordingly.
Trade active:
current market price 23925
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