satheeshSelvisubramanian

BANKNIFTY Trend and Pattern Analysis - 1 Hr TF (Aug 30)

Short
NSE:BANKNIFTY   Nifty Bank Index
excepting Down Move from here(False Breakout from channel)

This case is valid until BN reverse below 39759

Based on Weekly TF

BN print a shooting star reversal candle exactly at 0.786 level of FIB
Target:
Wave C can take first target of 29872(1.236) or 26176(2 level of Fib)

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