bijoy2526

BANKNIFTY some warning signal.

NSE:BANKNIFTY   Nifty Bank Index
It is forming diogonal ,I was expecting it to touch 43615,
Before it did not touch that.Before that we have seen redcandle
on 1 st december just below my level ,1 st december high was 43515,
unless bank nifty strongly ckoses above 43615 we need to becautious,
As corrections in diogonal occurs speedily. Be it leading diogonal or ending diogonal.
Let us see if it crosses above 43615 or not.
During the day itself we can find out that.
Till I am not sure of trend reversal,Best looking for some retracement unless it closes above 43615.
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Please go through my recent posts of SAIL,jindal steel and bank nifty.
I have posted so many charts of bank nifty with high level of accracy.


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