TradingView
Stox_Ware
Mar 30, 2023 5:54 AM

BankNifty going to touch 37000? Short

Nifty Bank IndexNSE

Description

https://in.tradingview.com/chart/WqGvHIO2/NSE:BANKNIFTY


In our view from the daily chart, BankNIfty is about to touch 37000. The reasons are shown on the chart.
There is an old gap left below and Elliot wave is also supporting the same. It has an inverted cup which is at handle level and there is no support in between.
So, all mixed up are confluence to consider BankNifty to go up to 37000.
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