p_one

Bank Nifty Weekly analysis

Short
NSE:BANKNIFTY   Nifty Bank Index
As we can see banknifty forming flat correction in weekly chart. Banknifty completed A and B in Flat ABC pattern. The C wave will be most brutal selling we can see. Can go upto 29-30k as per price action. If breaks above 39500 this view will be invalid.
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.