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harshad_009

EVERY DARK CLOUD HAS A SILVER LINING, IT REFLECTS ON CHARTS TOO

Nifty Bank Index (NSE:BANKNIFTY)  
harshad_009  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend behaviour optimism breakouttrade
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trendanalysis chartpattern indicator banknifty bankniftytrend behaviour optimism breakouttrade

Shaken by the tumultuous selloff ?? not a matter of utmost worry though, because every dark patch is followed by some ray of light
as they say, every chart speaks, so, this is an attempt to try and listen what the chart of nifty bank is trying to say, particularly after a fast and furious meltdown
time-frame used is weekly, indicators applied are Bollinger bands and ATR Smoothed
this aint some buy sell precipitation
its just an effort to try and check our hearing capacities
please read the text boxes in numerical sequence
and if it it hits you, let me know what you could hear
DYOR and happy trading guys !!
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