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Ramesh0296

Banknifty - Bearish Engulfing

Nifty Bank Index (NSE:BANKNIFTY)  
Ramesh0296 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftylevels trend bankniftytrend Bearish Patterns Bearish Engulfing
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trendanalysis chartpattern indicator banknifty bankniftylevels trend bankniftytrend bearish bearishengulfing
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
Comment:
No Pull back from open 400pts only up then directly went into 17143(marked) level
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