Nifty Bank Index
Short
Updated

BN may see a minor bearish move

BN may see a minor bearish move upto 6.15%. Once BN will break the secondary trend line, BN may fall upto 43500.
Note
if Daily candlestick will break the minor trend line then only we can see a bearish movement(short bearish trend).
Note
as the minor trend lines are getting closure to the major trend line it reflects a probability of large bearish move in upcoming future. keep eye on daily & weekly chart
Note
nowadays BN is consolidating, may give a bearish breakout in upcoming days. Keep eye over the same and try to catch that movement. Happy profits
Note
our analysis is heading towards pakka confirmation. just have some patience to achieve the target.
Note
as per fib retracement, from here market can retest the level of 43400 and 42500

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