Get started
AkmeAnalytics

BankNifty View

Long
Nifty Bank Index (NSE:BANKNIFTY)  
AkmeAnalytics  
NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Trend Lines Candlestick Analysis BANKNIFTY bankniftytradesetup bankniftytrading bankniftylong bankniftyview bankniftytrend bankniftyfuture bankniftyanalsyis
4
3
supportandresistance trendline candlestick banknifty bankniftytradesetup bankniftytrading bankniftylong bankniftyview bankniftytrend bankniftyfuture bankniftyanalsyis
BankNifty makes a Wedge pattern. If it holds and giver reversal candlestick pattern near the upward trendline and above black horizontal line then you can expect upmove for next week.

In case it breaks the trendline, then do not short BankNifty rather wait for it to re-test the trendline.
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.