Nifty Bank Index
Updated

BANK NIFTY 1D

659
BANKNIFTY
HISTORY REPEATS AGAIN AND AGAIN.one thing we can notice if market wants to go upside then it wont go directly
it will show signals for uptrend .in the previous days market shown "w " pattern.why "w" pattern shows bullishness???
just feel sellers are forcing to downwards, at the support point buyers will force upside,but the trend is downwards
so sellers will again push towards downside.now ! if really buyers are strong at that time they will beat sellers.
the trend will reverse .if they failed to do their works then market will make lower low position to go downside
Note
above 40200 it will show bullishness.
Note
i already told if it wants to go up then will make w pattern. now market did 1300 points rally.
Note
4000 point rally i posted this in april 7. now after 1 month it gives huge profit.

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.