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NeelamN

BankNifty View 7 Aug 2021

Short
Nifty Bank Index (NSE:BANKNIFTY)  
NeelamN  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators niftybank BANKNIFTY bankniftyanalysis bankniftytrend bankniftytradesetup
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trendanalysis chartpattern indicator niftybank banknifty bankniftyanalysis bankniftytrend bankniftytradesetup
Banknifty rejected 37000 level today given a fake BO.

Now Head and Shoulder bearish pattern seen if breaks neckline 36450, then a bearish target till 35910 maybe a possibility
In case we get a gap up, then again sell off is also a possibility.

Only if Resistance of 37000 breaks, then flag BO pattern may give 37500

Plan your trade and Trade your Plan !!!
Happy Trading !!!
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