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Nifty Bank Index

Banknifty - Bearish Engulfing

By Ramesh0296
Updated
Trend is Bearish as per moving average MAY expect pull back up to 18300 to 18450 then wait for confirmation to move further down (based on candle) up to marked levels.

BEARISH ENGULFING FORMED 4HR BASIS


**Educational purpose only
Note
No Pull back from open 400pts only up then directly went into 17143(marked) level
BANKNIFTYbankniftylevelsbankniftytrendBearish PatternsBearish EngulfingChart PatternsTechnical IndicatorstrendTrend Analysis
Ramesh0296
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