TradingView
msk_analysis
Apr 19, 2020 3:00 PM

BANKNIFTY - Short candidate  Short

NSE:BANKNIFTY15
Nifty Bank IndexNSE

Description

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Hitting the resistance line

forming bearish AB CD pattern

May be shorted , idea invalid if BNF crosses 21040


happy trading

Comment

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came quite near to target ..... hopefully would be done in a days time
AB=CDSupport and Resistance
Comments
KishenJaaisingh
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Hi, need advice, if we have Bank Nifty futures chart in Tradingview... Currently we have only spot chart.... Please help.... Thank you
msk_analysis
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@kkj, Tradingview doesnt support NSE futures data .. at this point of time at least
KishenJaaisingh
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@Learner_, Thank you for your reply and information.
sagarkandekar929
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This type of nice ideas always remain hidden in tradingview
msk_analysis
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@sagarkandekar929, Thanks
iamsumit001
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Isn't you point B drawn incorrect?
msk_analysis
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@iamsumit001, Looking for perfection in bar charts is too much of optimism as all vendors create bars from tick data and some variation you may see. So I do consider some margin while calculating points. Hope this answers
iamsumit001
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@Learner_, Bar chart? This one is candlestick chart.
iamsumit001
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@Learner_, There is higher point why overlooking it as B? watch 8th April 10:15 candle.
RaviKumar41
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