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Nifty Bank Index
Short
Updated

BANKNIFTY parabola on 15m chart (study purpose only)

507
BANKNIFTY parabola on 15m chart.

Looking forward to short after parabolic support is broken (27170)
Note
It seems that BANKNIFTY after the breaking the parabolic support has now started forming an ascending triangle. We can look forward to go short on the failure of ascending triangle pattern. Or long after the ascending triangle breakout.

snapshot
Note
In support of this setup:

BANKNIFTY short setup
Note
After the Parabolic support broke Banknifty made a sideways movement and then fell by 1000+ points!
Note
A classic charting pattern which worked perfectly well! An memorable example of parabola after Bitcoin
k314
BANKNIFTYChart PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BANKNIFTYChart PatternsTrend Analysis
k314

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.