SadguruLineArts

Bearish Cypher Pattern found in Bank Nifty

Short
NSE:BANKNIFTY   NIFTY BANK
Just found a bearish cypher pattern in bank nifty index, on daily chart . MACD shows signal line crossing over MACD line, indicating a downtrend and RSI is indicating that the bank stocks are over bought. 0.236 and 0.382 retracement levels will be 19788.54 and 19371.6 respectively.
Comment: This didn't turned up well for me. I better stick to Stocks than Index going forward.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out